$ILPT
Industrial Logistics Properties Trust

2018 Q2 Form 10-Q Financial Statement

#000171730718000023 Filed on July 27, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $39.42M $38.61M
YoY Change 2.11%
Cost Of Revenue $4.580M $4.340M
YoY Change 5.53%
Gross Profit $34.84M $34.27M
YoY Change 1.66%
Gross Profit Margin 88.38% 88.77%
Selling, General & Admin $2.890M $2.560M
YoY Change 12.89%
% of Gross Profit 8.3% 7.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.600M $6.600M
YoY Change 0.0%
% of Gross Profit 18.94% 19.26%
Operating Expenses $12.60M $12.12M
YoY Change 3.96%
Operating Profit $22.24M $22.15M
YoY Change 0.41%
Interest Expense $3.552M $560.0K
YoY Change 534.29%
% of Operating Profit 15.97% 2.53%
Other Income/Expense, Net
YoY Change
Pretax Income $18.73M $21.59M
YoY Change -13.21%
Income Tax $8.000K $11.00K
% Of Pretax Income 0.04% 0.05%
Net Earnings $18.73M $21.58M
YoY Change -13.21%
Net Earnings / Revenue 47.5% 55.89%
Basic Earnings Per Share
Diluted Earnings Per Share $288.1K $332.0K
COMMON SHARES
Basic Shares Outstanding 65.01M shares
Diluted Shares Outstanding 65.01M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.60M
YoY Change
Cash & Equivalents $15.57M $0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $54.10M
Other Receivables $2.900M
Total Short-Term Assets $72.60M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $1.304B
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.40M
YoY Change
Total Long-Term Assets $1.389B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $72.60M
Total Long-Term Assets $1.389B
Total Assets $1.461B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.30M
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $17.60M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $384.3M
YoY Change
Other Long-Term Liabilities $25.20M
YoY Change
Total Long-Term Liabilities $409.5M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $17.60M
Total Long-Term Liabilities $409.5M
Total Liabilities $427.0M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings $53.23M
YoY Change
Common Stock $998.6M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.034B
YoY Change
Total Liabilities & Shareholders Equity $1.461B
YoY Change

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $18.73M $21.58M
YoY Change -13.21%
Depreciation, Depletion And Amortization $6.600M $6.600M
YoY Change 0.0%
Cash From Operating Activities $23.70M $28.90M
YoY Change -17.99%
INVESTING ACTIVITIES
Capital Expenditures -$200.0K -$1.700M
YoY Change -88.24%
Acquisitions
YoY Change
Other Investing Activities -$43.30M $0.00
YoY Change
Cash From Investing Activities -$43.50M -$1.700M
YoY Change 2458.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 15.50M -27.20M
YoY Change -156.99%
NET CHANGE
Cash From Operating Activities 23.70M 28.90M
Cash From Investing Activities -43.50M -1.700M
Cash From Financing Activities 15.50M -27.20M
Net Change In Cash -4.300M 0.000
YoY Change
FREE CASH FLOW
Cash From Operating Activities $23.70M $28.90M
Capital Expenditures -$200.0K -$1.700M
Free Cash Flow $23.90M $30.60M
YoY Change -21.9%

Facts In Submission

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10748000 USD
CY2018Q2 us-gaap Tenant Reimbursements
TenantReimbursements
5540000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
11336000 USD
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
45000000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
45000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
65011000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
63238000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in the condensed consolidated financial statements include the allowance for doubtful accounts, purchase price allocations, useful lives of fixed assets and the assessments of the carrying values and impairments of long lived assets.</font></div></div>

Files In Submission

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0001717307-18-000023-index-headers.html Edgar Link pending
0001717307-18-000023-index.html Edgar Link pending
0001717307-18-000023.txt Edgar Link pending
0001717307-18-000023-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ilpt-20180630.xml Edgar Link completed
ilpt-20180630.xsd Edgar Link pending
ilpt-20180630_cal.xml Edgar Link unprocessable
ilpt-20180630_def.xml Edgar Link unprocessable
ilpt-20180630_lab.xml Edgar Link unprocessable
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