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Con-way (Con-way) Retained Earnings : $1,192 Mil (As of Jun. 2015)


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What is Con-way Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Con-way's retained earnings for the quarter that ended in Jun. 2015 was $1,192 Mil.

Con-way's quarterly retained earnings increased from Dec. 2014 ($1,152 Mil) to Mar. 2015 ($1,165 Mil) and increased from Mar. 2015 ($1,165 Mil) to Jun. 2015 ($1,192 Mil).

Con-way's annual retained earnings increased from Dec. 2012 ($967 Mil) to Dec. 2013 ($1,043 Mil) and increased from Dec. 2013 ($1,043 Mil) to Dec. 2014 ($1,152 Mil).


Con-way Retained Earnings Historical Data

The historical data trend for Con-way's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Con-way Retained Earnings Chart

Con-way Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 821.19 884.76 966.94 1,043.47 1,151.79

Con-way Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,092.87 1,126.88 1,151.79 1,164.94 1,191.80

Con-way Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Con-way  (NYSE:CNW) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Con-way (Con-way) Business Description

Traded in Other Exchanges
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Address
Con-way Inc was incorporated in Delaware in 1958. The Company and its subsidiaries provide transportation, logistics and supply-chain management services to various manufacturing, industrial and retail customers. Its business units operate in regional, inter-regional and transcontinental less-than-truckload and full-truckload freight transportation, contract logistics and supply-chain management, multimodal freight brokerage, and trailer manufacturing. The Company operates under three reporting segments: Freight, Logistics and Truckload. The Freight segment consists of the operating results of the Con-way Freight business unit. Con-way Freight is a less-than-truckload motor carrier that utilizes a network of freight service centers to provide day-definite regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. LTL carriers transport shipments from multiple shippers utilizing a network of freight service centers combined with a fleet of linehaul and pickup-and-delivery tractors and trailers. LTL shipments weigh between 100 and 15,000 pounds. In 2013, Con-way Freight's average weight per shipment was 1,334 pounds. The Logistics segment consists of the operating results of the Menlo Worldwide Logistics business unit. Menlo develops contract-logistics solutions, which include managing complex distribution networks, and providing supply-chain engineering and consulting, and multimodal freight brokerage services. Menlo's supply-chain management offerings are mainly related to transportation-management and contract-warehousing services. The Truckload segment consists of the operating results of the Con-way Truckload business unit. Con-way Truckload is a full-truckload motor carrier that utilizes a fleet of tractors and trailers to provide short- and long-haul, asset-based transportation services throughout North America. Con-way Truckload provides dry-van transportation services to manufacturing, industrial and retail customers while using single drivers as well as two-person driver teams over long-haul routes, with each trailer containing only one customer's goods. On average, Con-way Truckload transports shipments more than 800 miles from origin to destination. Under its regional service offering, Con-way Truckload transports truckload shipments between 100 and 600 miles, including local-area service for truckload shipments of less than 100 miles. It competes with regional and national LTL companies, some of which are subsidiaries of integrated transportation service providers, domestic and foreign logistics companies, truckload carriers, railroads and private fleets. The Company is subject to various federal, state and local, as well as foreign, laws and regulations that apply to its business activities.
Executives
John C Pope director 810 S. RIDGE RD, LAKE FOREST IL 60045
Gretchen W Mcclain director XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Phipps Paul Cody director 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Stephen K Krull officer: EVP General Counsel&Secretary CON-WAY INC., 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Wayne Shurts director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Roy W Templin director ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Michael Joseph Morris officer: SVP Finance & Treasurer 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 19034
Matthew J Espe director
Stephen L Bruffett officer: EVP & CFO 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Douglas Stotlar officer: President & CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Herbert J Schmidt officer: Executive Vice President 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
William R Corbin director CON-WAY INC., 2211 OLD EARHART ROAD, ANN ARBOR MI 48105
Jennifer Pileggi officer: EVP, General Counsel & Sec CNF INC., 2855 CAMPUS DRIVE, SAN MATEO CA 94403
Robert Paul Wayman director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
John H Williford officer: Senior VP STEUART TOWER, 1 MARKET PLAZA, SUITE 900, SAN FRANCISCO CA 94105