Core laboratories n.v. (CLB)
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
REVENUES:
Revenue

152,400

156,778

173,200

169,038

169,194

173,207

182,146

175,475

170,018

170,111

162,887

158,212

156,609

145,033

143,483

148,069

153,647

182,723

197,265

203,889

213,643

278,622

276,135

267,562

262,903

276,279

273,163

263,139

260,927

254,455

245,428

247,006

234,191

243,786

231,344

225,785

206,733

208,193

199,221

198,902

188,337

167,802

167,262

OPERATING EXPENSES:
Cost of services and product sales exclusive of depreciation expense shown below

-

117,749

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expense, exclusive of depreciation expense shown below

19,567

9,773

11,012

9,801

17,437

24,721

13,278

12,202

12,709

11,994

11,887

11,100

12,756

8,795

8,406

11,139

11,050

12,266

12,155

12,634

12,674

11,672

12,316

11,148

10,519

13,660

14,346

11,173

12,809

12,302

10,504

10,205

10,174

10,678

11,182

9,757

9,524

9,022

8,416

9,211

6,380

6,637

6,684

Depreciation

5,042

5,181

5,199

5,193

5,239

5,367

5,436

5,628

5,582

5,804

5,743

5,979

6,079

5,739

6,548

6,531

6,627

6,753

6,695

6,752

6,345

6,566

6,362

6,027

6,342

6,393

6,396

5,656

5,723

5,208

6,170

4,788

5,596

5,619

5,460

5,507

5,540

5,475

5,496

5,430

5,419

5,840

5,724

Amortization

399

354

498

593

348

354

244

240

236

235

250

209

225

227

176

220

220

298

215

178

221

334

483

291

291

336

357

308

302

290

289

289

287

310

278

298

291

304

318

336

335

183

182

Impairments

122,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income) expense, net

970

-2,666

712

-992

-2,373

907

-130

-183

143

268

23

66

-989

61

288

47

4

8,136

-2,332

-1,813

-322

-1,083

-927

2,196

-1,255

420

-41

-630

589

171

2,256

-3,218

4,912

-2,095

-548

-147

1,871

-2,713

998

-1,288

798

1,232

6,013

OPERATING INCOME (LOSS)

-108,973

21,055

31,207

28,008

16,414

17,978

34,879

33,449

32,316

32,405

26,669

27,355

23,539

22,796

21,488

20,227

22,940

23,642

46,818

47,893

42,717

90,450

89,120

84,134

82,827

87,917

84,596

81,869

79,037

75,868

75,380

72,126

73,906

72,888

63,564

57,803

56,499

61,576

60,217

53,720

51,413

44,199

51,688

Severance and other charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,853

-10

10

7,090

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on exchange of Senior Exchangeable Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-142

-31

-210

-629

-1,264

-675

0

0

-

-

Gain/(Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Interest expense

3,411

3,588

3,662

3,714

3,726

3,634

3,278

3,296

3,120

2,717

2,707

2,692

2,618

2,548

2,569

3,021

3,434

3,390

3,471

3,116

2,403

2,882

2,561

2,794

2,363

2,483

2,302

2,263

2,269

2,292

2,160

2,178

2,190

2,216

3,825

2,499

2,360

3,651

4,015

4,114

4,059

3,895

3,840

Income from continuing operations before income tax expense

-112,400

17,467

27,545

24,294

12,700

14,344

31,601

30,153

29,196

29,688

23,962

24,663

20,921

20,248

18,919

17,206

19,506

20,252

43,347

44,777

40,314

87,568

86,559

81,340

80,464

85,434

82,294

79,606

76,768

73,576

73,220

69,948

71,716

70,530

59,708

55,094

53,510

56,661

55,527

49,606

47,354

40,304

47,848

Income tax expense (benefit)

-4,000

7,177

3,300

4,800

-27,600

5,750

9,400

5,000

5,273

8,016

3,595

3,709

2,929

3,714

2,081

671

4,389

4,658

9,753

10,075

9,272

20,841

19,909

17,244

19,311

20,718

20,490

19,664

20,036

18,394

18,671

16,997

17,786

17,371

14,599

14,710

7,518

16,671

16,764

15,244

15,068

9,189

17,884

Income (loss) from continuing operations

-108,338

10,290

24,210

-19,486

40,298

-8,594

22,197

-25,133

-23,923

140,298

-20,367

-20,954

-17,992

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of income taxes

-

0

-397

7,971

259

408

208

-328

-346

-20

686

1,755

-310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-108,338

10,290

23,813

27,457

40,557

9,002

22,405

24,805

23,577

21,652

21,053

22,709

17,682

15,369

16,838

16,535

15,117

15,594

33,594

34,702

31,042

66,727

66,650

64,096

61,153

64,716

61,804

59,942

56,732

55,182

54,549

52,951

53,930

53,159

45,109

40,384

45,992

39,990

38,763

34,362

32,286

31,115

29,964

Net income (loss) attributable to non-controlling interest

83

-40

84

43

47

167

-7

53

50

-39

-33

19

24

-90

108

-89

35

176

190

76

-357

537

153

362

89

-8

-91

266

216

381

146

35

-21

83

242

-67

-298

48

209

146

81

127

157

Net income (loss) attributable to Core Laboratories N.V.

-108,421

10,330

23,729

27,414

40,510

8,835

22,412

24,752

23,527

21,691

21,086

22,690

17,658

15,459

16,730

16,624

15,082

15,418

33,404

34,626

31,399

66,190

66,497

63,734

61,064

64,724

61,895

59,676

56,516

54,801

54,403

52,916

53,951

53,076

44,867

40,451

46,290

39,942

38,554

34,216

32,205

30,988

29,807

EARNINGS (LOSS) PER SHARE INFORMATION:
Basic earnings (loss) per share from continuing operations

-2.44

0.23

0.55

0.44

0.91

0.20

0.50

0.57

0.54

0.49

0.46

0.47

0.41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings (loss) per share from discontinued operations

-

-

-0.01

0.18

-

0.00

0.01

-0.01

-0.01

0.00

0.02

0.04

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings (loss) per share attributable to Core Laboratories N.V.

-2.44

0.23

0.54

0.62

0.91

0.20

0.51

0.56

0.53

0.49

0.48

0.51

0.40

0.35

0.38

0.38

0.36

0.37

0.79

0.81

0.72

1.50

1.51

1.43

1.36

1.43

1.36

1.30

1.22

1.19

1.15

1.11

1.13

1.13

0.96

0.88

1.02

0.88

0.86

0.77

0.72

0.67

0.65

Diluted earnings (loss) per share from continuing operations

-2.44

0.24

0.54

0.43

0.90

0.19

0.50

0.57

0.54

0.49

0.46

0.47

0.41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings (loss) per share from discontinued operations

-

-0.01

-0.01

0.18

0.01

0.00

0.01

-0.01

-0.01

0.00

0.02

0.04

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings (loss) per share attributable to Core Laboratories N.V.

-2.44

0.23

0.53

0.61

0.91

0.20

0.50

0.56

0.53

0.49

0.48

0.51

0.40

0.35

0.38

0.38

0.35

0.37

0.78

0.81

0.72

1.50

1.50

1.42

1.35

1.42

1.35

1.29

1.22

1.16

1.14

1.11

1.13

1.12

0.93

0.83

0.94

0.81

0.79

0.71

0.69

0.67

0.64

Cash dividends per share (in dollar per share)

-

-

-

-

-

0.55

-

-

-

-

0.55

0.55

0.55

0.55

0.55

0.55

0.55

0.55

0.55

0.55

0.55

0.50

0.50

0.50

0.50

0.32

0.32

0.32

0.32

0.28

0.28

0.28

0.28

-

0.25

0.25

0.25

0.06

0.71

0.06

0.06

0.43

0.05

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)

44,447

44

44,371

44,354

44,323

44,226

44,216

44,203

44,179

44,148

44,141

44,164

44,159

44,129

44,110

43,297

42,380

42,341

42,517

42,790

43,340

43,728

44,152

44,660

44,908

45,200

45,526

45,841

46,201

46,533

47,232

47,473

47,606

47,368

46,606

45,945

45,225

89,888

44,736

44,651

44

45,939

45,911

Assuming Dilution (in shares)

44,447

44

44,716

44,815

44,734

44,401

44,591

44,493

44,463

44,003

44,332

44,374

44,347

44,335

44,320

43,505

42,520

42,522

42,685

42,959

43,466

43,927

44,381

44,910

45,182

45,527

45,828

46,128

46,493

46,948

47,528

47,791

47,945

47,739

48,030

48,662

49,141

96,005

48,955

47,957

46

46,499

46,357

Service [Member]
Revenue

109,967

115,164

120,817

117,874

120,338

120,795

124,145

122,094

119,786

125,437

117,285

116,940

120,602

113,309

114,137

118,172

122,770

141,991

150,128

156,861

162,974

200,260

203,578

188,299

188,735

201,004

194,267

187,676

182,481

181,012

174,465

175,749

162,669

162,877

160,542

156,841

141,492

120,097

151,671

153,010

143,442

133,819

134,671

Cost of services and product sales exclusive of depreciation expense shown below

80,941

81,032

86,243

86,007

92,359

85,351

88,435

86,759

83,288

86,232

83,715

80,368

83,050

80,458

80,419

83,349

85,294

92,365

94,117

98,462

102,795

113,294

113,917

111,706

110,571

115,062

110,087

109,661

110,153

108,215

102,935

103,926

98,010

100,191

99,770

102,651

92,691

71,881

92,914

96,411

95,357

85,792

84,401

Product [Member]
Revenue

42,433

41,614

52,383

51,164

48,856

52,412

58,001

53,381

50,232

44,674

45,602

41,272

36,007

31,724

29,346

29,897

30,877

40,732

47,137

47,028

50,669

78,362

72,557

79,263

74,168

75,275

78,896

75,463

78,446

73,443

70,963

71,257

71,522

80,909

70,802

68,944

65,241

88,096

47,550

45,892

44,895

33,983

32,591

Cost of services and product sales exclusive of depreciation expense shown below

34,190

36,717

39,753

38,444

35,024

40,343

39,744

37,014

36,030

33,709

34,646

33,267

29,971

27,079

26,734

26,650

27,520

32,344

34,933

36,157

41,479

55,223

53,010

56,452

51,098

53,331

57,340

53,842

53,492

52,743

52,406

52,454

51,130

53,843

50,542

49,622

44,059

61,632

32,858

32,506

30,231

26,383

24,596