Basic energy services, inc. (BAS)
Income statement / Quarterly
Dec'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'11Sep'10Jun'10
Revenues:
Total revenues

144,721

178,365

189,847

197,202

230,352

246,334

253,369

234,665

-

233,460

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

-

-

-

-

-

-

-

-

-

-

213,296

182,019

-

141,610

120,004

130,356

-

189,247

193,596

261,721

-

393,955

359,662

336,756

308,033

324,797

325,723

304,351

302,069

340,400

361,518

370,897

-

345,987

296,855

-

-

-

Expenses:
Completion and remedial services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97,507

73,725

61,533

Fluid services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72,345

63,451

58,801

Well servicing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69,147

54,538

49,529

Contract drilling

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,055

5,547

5,269

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

246,054

197,261

175,132

Completion and remedial services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,933

43,180

37,660

Fluid services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,228

47,790

43,425

Service expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,440

-

-

Service expenses

-

138,466

143,165

151,842

-

190,399

195,959

181,316

-

171,528

-166,438

152,114

-

116,271

104,694

-

-

154,930

156,574

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Well servicing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,112

36,734

Contract drilling

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,485

4,128

3,725

General and administrative, including stock-based compensation of $9,156 and $27,254 in 2019 and 2018, respectively

31,218

32,125

34,803

35,522

35,478

39,599

51,460

40,978

36,981

39,235

36,037

34,205

-

30,065

27,078

29,562

-

35,984

35,673

39,204

-

41,516

42,953

39,559

36,982

43,179

49,321

41,957

52,634

43,742

45,540

41,358

40,957

38,049

34,138

31,341

27,020

26,820

Depreciation and amortization

28,989

29,179

28,991

27,498

32,267

32,754

31,161

30,235

31,362

29,478

25,956

25,413

-

53,142

54,847

56,152

-

60,328

60,231

60,929

-

54,485

51,785

51,705

54,276

53,623

52,067

49,781

49,291

48,272

45,536

43,984

45,229

41,348

34,784

32,980

33,971

34,250

Impaired asset expense

-

3,216

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

-

-

-

-

-

-

-

-

-

-

-

-

-

10,470

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of assets

-1,379

-837

-342

-1,455

6,489

-191

-1,921

-1,779

-938

-26

223

467

-

128

-336

75

-

-1,128

57

-48

-

-979

-916

679

-583

-411

-790

-1,089

-211

-424

-980

-1,719

-1,145

-65

-942

1,705

-560

-463

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

646

-

-

-

81,877

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

222,291

203,823

207,301

216,317

239,998

262,943

280,501

254,308

245,651

240,267

228,208

211,265

-

210,466

186,955

197,625

-

334,247

252,421

295,490

-

361,100

338,584

322,772

303,626

319,956

324,690

303,875

311,987

314,829

325,070

324,389

302,700

288,802

255,181

218,702

199,761

183,077

Operating loss

-77,570

-25,458

-17,454

-19,115

-9,646

-16,609

-27,132

-19,643

-10,385

-6,807

-14,912

-29,246

-

-68,856

-66,951

-67,269

-

-145,000

-58,825

-33,769

-

32,855

21,078

13,984

4,407

4,841

1,033

476

-9,918

25,571

36,448

46,508

51,659

57,185

41,674

27,352

-2,500

-7,945

Other income (expense):
Bargain purchase gain on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

662

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,772

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-49,366

-

-

Interest expense

10,467

11,729

10,518

10,756

10,868

10,896

12,806

11,283

10,292

8,892

9,179

9,109

-

23,953

22,521

20,714

-

17,242

16,841

16,863

-

16,828

16,566

16,859

16,666

16,927

16,806

16,808

17,305

15,078

14,832

15,223

15,305

15,397

11,842

11,342

11,858

11,778

Interest income

37

112

115

245

189

88

60

27

28

5

6

12

-

14

7

2

-

7

4

6

-

11

13

13

13

10

13

17

52

8

11

12

21

1,538

23

5

12

24

Other income

115

215

52

299

86

81

102

309

74

109

144

92

-

37

244

96

-

114

215

120

-

139

107

366

176

232

173

162

3

260

215

149

-

-

-

-

-

-

Loss from continuing operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16,153

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

183

102

157

178

111

Loss before income taxes

-

-36,860

-27,805

-29,327

-

-27,336

-39,776

-30,590

-

-15,585

-23,941

-38,251

-

-92,096

-89,221

-87,885

-

-162,121

-75,447

-50,506

-

16,177

4,632

-2,496

-

-11,844

-15,587

-

-

10,761

21,842

31,446

-

43,509

29,957

-33,194

-14,168

-17,816

Income tax expense

-117

2,017

-28

-1,851

8

0

278

-59

-313

-1,740

0

375

0

1

662

-4,546

-29,817

-56,479

-27,152

-17,882

-7,324

6,246

2,188

-589

-4,672

-4,888

-2,790

-7,375

-12,755

4,098

7,105

11,815

15,274

16,914

13,407

-14,701

-4,836

-7,144

Net loss

-87,768

-38,877

-27,777

-27,476

-46,676

-27,336

-40,054

-30,531

-20,262

-13,845

-23,941

-38,626

-

-92,097

-89,883

-83,339

-

-105,642

-48,295

-32,624

-

9,931

2,444

-1,907

-7,398

-6,956

-12,797

-8,778

-21,445

6,663

14,737

19,631

-

26,595

16,550

-18,493

-9,332

-10,672

Basic (in dollars per share)

-

-1.52

-1.02

-1.02

-

-1.03

-1.51

-1.16

-0.78

-0.53

-0.92

-1.49

-

-2.16

-2.11

-2.00

-

-2.63

-1.20

-0.81

-

0.24

0.06

-0.05

-0.18

-0.17

-0.32

-0.22

-0.53

0.17

0.36

0.48

0.53

0.66

0.41

-0.46

-0.23

-0.27

Diluted (in dollars per share)

-

-1.52

-1.02

-1.02

-

-1.03

-1.51

-1.16

-0.78

-0.53

-0.92

-1.49

-

-2.16

-2.11

-2.00

-

-2.63

-1.20

-0.81

-

0.24

0.06

-0.05

-0.18

-0.17

-0.32

-0.22

-0.52

0.16

0.36

0.47

0.52

0.64

0.40

-0.46

-0.23

-0.27

Well Servicing
Total revenues

51,189

57,094

58,168

60,515

66,458

64,314

63,268

56,951

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service expenses

50,937

43,510

45,047

47,196

58,283

50,591

48,200

46,511

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Water Logistics
Total revenues

44,733

48,451

51,031

55,601

55,556

59,539

59,679

56,509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service expenses

33,768

34,783

35,529

37,299

39,210

42,785

44,008

40,923

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Completion & Remedial Services
Total revenues

50,045

70,002

78,061

76,834

108,933

115,978

126,948

117,597

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service expenses

49,686

53,825

59,660

63,433

85,811

89,777

100,528

89,659

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Services
Total revenues

-

2,818

2,587

4,252

-

6,503

3,474

3,608

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenses

-

6,348

2,929

3,914

-

7,246

3,223

4,223

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-