| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue: | |||||||||||
Revenues | |||||||||||
965,485 | 904,441 | 794,655 | 807,069 | 998,108 | 959,153 | 862,772 | 2,794,246 | 2,612,625 | 2,417,183 | 2,715,601 | 3,024,119 |
Cost of sales (excluding depreciation and amortization): | |||||||||||
Total cost of sales (excluding depreciation and amortization) | |||||||||||
456,238 | 464,367 | 418,922 | 379,919 | - | - | - | 1,964,838 | 1,892,211 | 1,620,095 | - | - |
North America contract operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | 695,315 | 790,573 |
International contract operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | 391,995 | 379,817 |
Aftermarket services | |||||||||||
- | - | - | - | - | - | - | - | - | - | 308,873 | 364,157 |
Fabrication | |||||||||||
- | - | - | - | - | - | - | - | - | - | 1,319,418 | 1,489,572 |
Costs and expenses: | |||||||||||
North America contract operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | 298,714 | 341,865 |
International contract operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | 149,253 | 144,906 |
Aftermarket services | |||||||||||
- | - | - | - | - | - | - | - | - | - | 245,886 | 291,560 |
Fabrication | |||||||||||
- | - | - | - | - | - | - | - | - | - | 1,106,166 | 1,220,056 |
Selling, general and administrative | |||||||||||
117,727 | 101,563 | 111,483 | 114,470 | 131,919 | 132,651 | 118,851 | 375,647 | 352,096 | 351,998 | 337,620 | 352,899 |
Merger and integration expenses | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 11,384 |
Depreciation and amortization | |||||||||||
188,084 | 174,946 | 188,563 | 208,986 | 229,127 | 212,268 | 187,476 | 346,177 | 352,793 | 392,153 | 352,785 | 330,886 |
Goodwill impairment | |||||||||||
- | - | - | - | 3,738 | 0 | 0 | - | 196,807 | - | 150,778 | 1,148,371 |
Long-lived asset impairment | |||||||||||
44,663 | 28,127 | 29,142 | 87,435 | 124,979 | 42,828 | 16,696 | 136,614 | 6,068 | 143,874 | 96,988 | 24,109 |
Restatement and other charges | |||||||||||
445 | 19 | 4,370 | 13,470 | 0 | 0 | - | - | - | - | - | - |
Restructuring costs | |||||||||||
0 | 0 | 1,386 | 16,901 | 4,745 | 5,394 | 0 | 6,471 | 11,594 | - | 14,329 | - |
Interest expense | |||||||||||
104,681 | 93,328 | 88,760 | 83,899 | 107,617 | 112,273 | 112,194 | 134,376 | 149,473 | 136,149 | 122,845 | 129,784 |
Debt extinguishment loss | |||||||||||
-3,653 | -2,450 | -291 | 0 | 9,201 | 0 | 0 | - | - | - | - | - |
Transaction-related costs | |||||||||||
8,213 | 10,162 | 275 | 0 | - | - | - | - | - | - | - | - |
(Gain) loss on sale of assets, net | |||||||||||
16,016 | 5,674 | 5,675 | - | - | - | - | - | - | - | - | - |
Equity in income of non-consolidated affiliates | |||||||||||
- | - | - | - | - | - | - | 51,483 | -471 | -609 | -91,154 | 23,974 |
Other income, net | |||||||||||
661 | 157 | 243 | 8,590 | 2,079 | 5,475 | 22,535 | -506 | 5,597 | 11,413 | 53,360 | 3,118 |
Total costs and expenses | |||||||||||
- | - | - | - | 1,104,293 | 1,004,332 | 883,660 | 2,913,146 | 2,955,916 | 2,633,465 | 2,913,158 | 3,968,728 |
Income (loss) before income taxes | |||||||||||
58,458 | 35,310 | -42,619 | -89,421 | -106,185 | -45,179 | -20,888 | -118,900 | -343,291 | -216,282 | -197,557 | -944,609 |
Benefit from income taxes | |||||||||||
-39,145 | 6,150 | -61,083 | -24,604 | 53,189 | -28,066 | -17,840 | -45,755 | -11,717 | -62,302 | 51,667 | 37,219 |
Income from continuing operations | |||||||||||
97,603 | 29,160 | 18,464 | -64,817 | -159,374 | -17,113 | -3,048 | -73,145 | -331,574 | -153,980 | -249,224 | -981,828 |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | |||||||||||
-273 | 0 | -54 | -426 | 33,677 | 105,774 | 129,654 | 35,976 | -8,044 | 40,739 | -296,239 | 46,752 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
97,330 | 29,160 | 18,410 | -65,243 | -125,697 | 88,661 | 126,606 | -37,169 | -339,618 | -113,241 | -545,463 | -935,076 |
Less: Net (income) loss attributable to the noncontrolling interest | |||||||||||
0 | 8,097 | -543 | -10,688 | 6,852 | 27,716 | 32,578 | 2,317 | 990 | -11,416 | 3,944 | 12,273 |
Net income (loss) | |||||||||||
97,330 | 21,063 | 18,953 | -54,555 | -132,549 | 60,945 | 94,028 | -39,486 | -340,608 | -101,825 | -549,407 | -947,349 |
Basic and diluted net income (loss) per common share: | |||||||||||
Net income (loss) from continuing operations attributable to Archrock common stockholders (usd per share) | |||||||||||
- | - | - | -0.79 | -2.44 | -0.68 | -0.55 | -1.19 | -5.31 | -2.30 | -4.12 | -15.39 |
Loss from discontinued operations attributable to Archrock common stockholders (usd per share) | |||||||||||
- | - | - | -0.01 | 0.50 | 1.59 | 2.01 | 0.57 | -0.13 | 0.66 | -4.83 | 0.72 |
Basic and diluted net income (loss) per common share (in dollars per share) | |||||||||||
0.70 | 0.19 | 0.26 | -0.80 | -1.94 | 0.91 | 1.46 | -0.62 | -5.44 | -1.64 | -8.95 | -14.67 |
Diluted loss per common share: | |||||||||||
Loss from continuing operations attributable to Archrock common stockholders (in dollars per share) | |||||||||||
- | - | - | - | - | -0.68 | -0.55 | -1.19 | -5.31 | -2.30 | -4.12 | -15.39 |
Income (loss) from discontinued operations attributable to Archrock common stockholders (in dollars per share) | |||||||||||
- | - | - | - | - | 1.59 | 2.01 | 0.57 | -0.13 | 0.66 | -4.83 | 0.72 |
Net loss attributable to Archrock common stockholders (in dollars per share) | |||||||||||
- | - | - | - | - | 0.91 | 1.46 | -0.62 | -5.44 | -1.64 | -8.95 | -14.67 |
Weighted average common shares outstanding: | |||||||||||
Basic (in shares) | |||||||||||
137,492 | 109,305 | 69,552 | 68,993 | 68,433 | 66,234 | 64,454 | 63,436 | 62,624 | 61,995 | 61,406 | 64,580 |
Diluted (in shares) | |||||||||||
137,528 | 109,421 | 69,664 | 68,993 | 68,433 | 66,234 | 64,454 | 63,436 | 62,624 | 61,995 | 61,406 | 64,580 |
Dividends declared and paid per common share (in dollars per share) | |||||||||||
- | - | - | - | 0.60 | 0.60 | 0.00 | - | - | - | - | - |