Archrock, inc. (AROC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenue:
Revenues

249,697

245,987

244,949

238,390

236,159

233,159

232,372

226,870

212,040

208,935

197,853

197,982

189,885

193,780

195,849

204,145

213,295

241,310

248,863

255,062

252,873

262,809

247,453

239,153

209,738

-1,558,614

775,584

835,906

809,896

829,566

718,704

630,735

615,241

660,258

689,820

644,068

618,479

571,430

625,623

643,822

576,308

679,706

677,968

Cost of sales (excluding depreciation and amortization):
Total cost of sales (excluding depreciation and amortization)

113,642

111,299

113,566

112,736

118,637

119,734

119,099

118,602

106,932

-

110,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

530,653

580,037

585,154

594,956

508,024

436,400

425,458

-

503,167

-

-

-

-

-

-

-

-

North America contract operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

152,007

152,048

152,627

167,567

178,455

International contract operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111,879

131,087

109,740

96,420

95,448

Aftermarket services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82,348

83,363

70,323

75,526

78,504

Fabrication

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

279,389

277,324

243,618

340,193

325,561

Costs and expenses:
North America contract operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78,281

74,811

71,375

74,556

74,420

International contract operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,936

42,873

40,855

37,850

37,897

Aftermarket services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73,717

70,290

56,612

59,360

61,778

Fabrication

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

231,716

246,398

196,873

278,036

275,561

Selling, general and administrative

30,626

30,594

29,526

28,618

28,989

21,108

26,298

26,649

27,508

29,660

29,108

25,162

27,553

26,725

25,448

27,646

34,651

35,373

32,621

31,357

32,568

34,943

32,683

31,286

33,739

-150,609

93,581

91,005

84,874

101,138

85,536

94,134

94,839

81,108

89,257

90,450

91,281

85,552

88,229

94,166

84,051

81,600

86,380

Depreciation and amortization

49,822

50,087

48,409

45,482

44,106

43,381

43,779

43,331

44,455

46,080

47,463

47,248

47,772

51,095

52,068

51,896

53,927

56,488

58,087

57,539

57,013

55,846

54,101

52,965

49,356

-57,226

81,305

80,751

82,646

86,909

85,248

88,909

85,111

83,141

88,762

90,412

90,478

95,687

98,503

106,188

91,775

87,781

85,903

Goodwill impairment

99,830

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196,142

-

-

-

-

-

-

-

150,778

Long-lived asset impairment

6,195

25,842

7,097

8,632

3,092

9,804

6,660

6,953

4,710

8,284

7,105

5,508

8,245

47,054

16,713

13,808

9,860

87,383

19,933

9,510

8,153

17,833

11,341

9,847

3,807

-8,012

4,571

16,574

3,563

745

3,204

128,543

4,122

-

1,823

2,063

-

139,176

2,246

745

1,707

-

86,684

Restatement and other charges

-

0

0

24

421

214

396

-1,076

485

1,083

566

1,920

801

12,610

426

434

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

1,728

-

-

-

-

-

-

-

-

141

422

366

457

1,143

4,689

3,004

8,065

3,263

289

1,193

0

0

219

353

4,822

-

-

-

-

643

1,515

1,266

3,047

-

2,941

-

-

-

-

-

-

2,616

8,076

Interest expense

29,665

27,709

27,401

25,954

23,617

23,926

23,518

23,337

22,547

21,943

22,892

22,504

21,421

21,057

21,365

21,177

20,300

24,751

27,996

28,079

26,791

26,536

25,555

32,358

27,824

25,188

28,882

30,250

27,874

27,694

31,723

36,968

37,991

39,045

38,672

34,586

37,170

37,557

33,050

32,608

32,934

33,371

29,163

Debt extinguishment loss

-

-

0

-3,653

-

-

0

-2,450

-

-582

0

0

291

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction-related costs

-

441

4,905

2,687

180

169

182

5,686

4,125

275

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of assets, net

4,116

-

-

-

-16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in income of non-consolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,778

4,722

4,665

4,623

4,793

4,728

37,339

-

-262

-

-

-

-

-348

-

-1,011

-567

Other income, net

555

-9,380

7,810

2,010

221

-3,292

660

1,644

1,145

-4,229

2,716

962

794

3,950

2,470

181

1,989

1,202

-2,155

2,482

550

2,585

1,751

903

236

25

5,479

7,223

9,808

702

1,450

-8,752

6,094

15,075

-12,745

2,853

414

3,804

2,941

2,485

2,183

12,768

9,433

Total costs and expenses

-

-

-

-

-

-

-

-

-

-

-

203,598

203,575

-

210,765

211,003

223,355

340,156

264,445

252,261

247,431

270,648

249,950

250,535

233,199

-1,401,385

728,735

786,672

769,638

806,760

709,007

790,244

607,135

684,997

933,771

685,329

651,819

743,787

649,737

665,942

573,999

643,413

887,774

Income (loss) before income taxes

-77,140

6,667

21,855

12,614

17,322

17,205

13,100

2,582

2,423

-5,889

-17,424

-5,616

-13,690

-57,587

-14,916

-6,858

-10,060

-98,846

-15,582

2,801

5,442

-7,839

-2,497

-11,382

-23,461

-157,229

46,849

49,234

40,258

22,806

9,697

-159,509

8,106

-24,739

-243,951

-41,261

-33,340

-172,357

-24,114

-22,120

2,309

36,293

-209,806

Benefit from income taxes

-15,953

-39,377

1,448

1,191

-2,407

4,237

3,126

-1,567

354

-55,031

-4,795

-1,580

323

-11,892

-4,878

-4,500

-3,334

53,091

2,367

-1,529

-740

9,300

-12,074

-8,289

-17,003

-73,156

16,709

23,624

14,983

-11,177

1,267

-35,502

-343

40,050

-32,640

-14,113

-5,014

-51,404

-7,083

184

-3,999

13,691

-23,177

Income (loss) from continuing operations

-61,187

-

-

-

19,729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of tax

-

-

-

-

-273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

20,407

11,423

-

12,968

9,974

4,149

2,069

-

-12,629

-

-

-

-10,038

-2,358

-

-151,937

-17,949

4,330

6,182

-17,139

9,577

-3,093

-6,458

-84,073

30,140

25,610

25,275

33,983

8,430

-124,007

8,449

-64,789

-211,311

-27,148

-28,326

-120,953

-17,031

-22,304

6,308

22,602

-186,629

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

0

0

-

0

0

0

0

-

-54

-

-

-

-16

-26

-

9,107

10,110

-19,328

33,788

12,288

32,459

21,806

39,221

82,123

15,121

-1,106

33,516

-30,887

110,916

-42,891

-1,162

406

-3,236

-3,076

-2,138

-7,318

-1,325

38,957

10,425

-3,834

-343,323

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

-

20,407

11,423

-

12,968

9,974

4,149

2,069

49,142

-12,683

-4,036

-14,013

-46,079

-10,054

-2,384

-6,726

-142,830

-7,839

-14,998

39,970

-4,851

42,036

18,713

32,763

-1,950

45,261

24,504

58,791

3,096

119,346

-166,898

7,287

-64,383

-214,547

-30,224

-30,464

-128,271

-18,356

16,653

16,733

18,768

-529,952

Less: Net (income) loss attributable to the noncontrolling interest

-

-

0

0

-

0

0

2,212

5,885

1,582

-2,448

2,651

-2,328

-7,468

-406

2,093

-4,907

-13,340

2,071

9,178

8,943

8,824

8,108

8,486

2,298

4,539

4,284

15,169

8,586

8,835

5,980

-14,290

1,792

2,195

1,427

-2,198

-434

-10,243

-371

-873

71

576

818

Net income (loss)

-61,187

46,044

20,407

11,423

19,456

12,968

9,974

1,937

-3,816

47,560

-10,235

-6,687

-11,685

-38,611

-9,648

-4,477

-1,819

-129,490

-9,910

-24,176

31,027

-13,675

33,928

10,227

30,465

-6,489

40,977

9,335

50,205

-5,739

113,366

-152,608

5,495

-66,578

-215,974

-28,026

-30,030

-118,028

-17,985

17,526

16,662

18,192

-530,770

Basic and diluted net income (loss) per common share:
Net income (loss) from continuing operations attributable to Archrock common stockholders (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.04

-0.29

-0.07

-0.04

-0.38

0.02

-0.18

-0.14

-1.36

0.39

0.16

0.26

0.40

0.04

-1.73

0.10

-1.07

-3.39

-0.40

-0.45

-1.78

-0.27

-0.35

0.10

0.36

-3.06

Loss from discontinued operations attributable to Archrock common stockholders (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.15

0.14

-0.28

0.49

0.18

0.48

0.33

0.60

1.29

0.23

-0.02

0.51

-0.46

1.71

-0.67

-0.01

0.00

-0.05

-0.05

-0.03

-0.12

-0.02

0.63

0.17

-0.06

-5.60

Basic and diluted net income (loss) per common share (in dollars per share)

-0.41

0.32

0.14

0.09

0.15

0.15

0.08

0.02

-0.06

0.68

-0.15

-0.10

-0.17

-0.56

-0.14

-0.07

-0.03

-1.89

-0.15

-0.35

0.45

-0.20

0.50

0.15

0.46

-0.07

0.62

0.14

0.77

-0.06

1.75

-2.40

0.09

-1.07

-3.44

-0.45

-0.48

-1.90

-0.29

0.28

0.27

0.30

-8.66

Diluted loss per common share:
Loss from continuing operations attributable to Archrock common stockholders (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.29

-0.07

-0.04

-0.38

0.02

-0.18

-0.14

-1.35

0.39

0.16

0.25

0.40

0.04

-1.73

0.10

-1.07

-3.39

-0.40

-0.45

-1.78

-0.27

-0.35

0.10

0.35

-3.06

Income (loss) from discontinued operations attributable to Archrock common stockholders (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.14

-0.28

0.49

0.21

0.45

0.33

0.60

1.29

0.23

-0.02

0.51

-0.45

1.70

-0.67

-0.01

0.00

-0.05

-0.05

-0.03

-0.12

-0.02

0.63

0.17

-0.05

-5.60

Net loss attributable to Archrock common stockholders (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.07

-0.03

-

-0.15

-0.35

0.45

-0.17

0.47

0.15

0.46

-0.06

0.62

0.14

0.76

-0.05

1.74

-2.40

0.09

-1.07

-3.44

-0.45

-0.48

-1.90

-0.29

0.28

0.27

0.30

-8.66

Weighted average common shares outstanding:
Basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

69,404

-

69,064

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

150,550

150,500

142,931

128,328

128,209

128,166

127,842

111,296

69,916

-

69,644

69,588

-

-

-

69,021

68,833

68,406

68,560

68,514

68,252

67,224

66,432

65,890

65,390

-

64,569

64,484

-

60,904

64,847

63,478

64,515

62,681

62,728

62,669

62,418

61,989

62,111

62,044

61,836

61,579

61,277

Diluted (in shares)

150,550

150,538

142,965

128,354

128,255

128,411

127,955

111,402

69,916

-

69,644

69,588

-

-

-

69,021

68,833

68,406

68,560

68,514

68,252

63,250

70,406

65,890

65,390

-

65,136

65,016

-

60,576

65,094

63,478

64,596

62,681

62,728

62,669

62,418

61,279

62,111

62,044

62,546

77,509

61,277

Dividends declared and paid per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.12

0.12

0.12

-

0.09

0.09

0.18

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-