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Quarterly Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Results (Unaudited) [Abstract]  
Quarterly Results The unaudited quarterly results for the year ended December 31, 2019 were as follows (in thousands, except per share amounts):


 
Three Months Ended
 
   
March 31,
2019
   
June 30,
2019
   
September 30,
2019
   
December 31,
2019
 
Revenues
 
$
744,621
   
$
771,042
   
$
666,809
   
$
655,927
 
Costs and expenses
   
674,672
     
698,317
     
588,534
     
643,001
 
Gain (loss) on disposition of assets
   
2,157
     
3,118
     
(374
)
   
3,251
 
Operating income
   
72,106
     
75,843
     
77,901
     
16,177
 
Other income (expense)
   
(568
)
   
2,381
     
864
     
1,110
 
Interest expense
   
(13,201
)
   
(15,515
)
   
(14,310
)
   
(12,968
)
Earnings before taxes on income
   
58,337
     
62,709
     
64,455
     
4,319
 
Provision for taxes on income
   
(13,880
)
   
(15,269
)
   
(16,305
)
   
(1,347
)
Net earnings
   
44,457
     
47,440
     
48,150
     
2,972
 
Less: Net earnings attributable to noncontrolling interests
   
(161
)
   
(153
)
   
(163
)
   
(195
)
Net earnings attributable to Kirby
 
$
44,296
   
$
47,287
   
$
47,987
   
$
2,777
 
                                 
Net earnings per share attributable to Kirby common stockholders:
                               
Basic
 
$
0.74
   
$
0.79
   
$
0.80
   
$
0.05
 
Diluted
 
$
0.74
   
$
0.79
   
$
0.80
   
$
0.05
 


The unaudited quarterly results for the year ended December 31, 2018 were as follows (in thousands, except per share amounts):


 
Three Months Ended
 
   
March 31,
2018
   
June 30,
2018
   
September 30,
2018
   
December 31,
2018
 
Revenues
 
$
741,688
   
$
802,671
   
$
704,845
   
$
721,493
 
Costs and expenses
   
692,866
     
747,260
     
636,906
     
740,344
 
Gain (loss) on disposition of assets
   
1,898
     
442
     
18
     
(390
)
Operating income (loss)
   
50,720
     
55,853
     
67,957
     
(19,241
)
Other income
   
1,591
     
1,541
     
1,454
     
1,140
 
Interest expense
   
(9,780
)
   
(12,540
)
   
(12,345
)
   
(12,191
)
Earnings (loss) before taxes on income
   
42,531
     
44,854
     
57,066
     
(30,292
)
Benefit (provision) for taxes on income
   
(9,865
)
   
(16,061
)
   
(15,116
)
   
5,961
 
Net earnings (loss)
   
32,666
     
28,793
     
41,950
     
(24,331
)
Less: Net earnings attributable to noncontrolling interests
   
(195
)
   
(191
)
   
(134
)
   
(106
)
Net earnings (loss) attributable to Kirby
 
$
32,471
   
$
28,602
   
$
41,816
   
$
(24,437
)
                                 
Net earnings (loss) per share attributable to Kirby common stockholders:
                               
Basic
 
$
0.54
   
$
0.48
   
$
0.70
   
$
(0.41
)
Diluted
 
$
0.54
   
$
0.48
   
$
0.70
   
$
(0.41
)