| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|
REVENUES: | |||||||||
Voyage and time charter revenues (including amortization of market acquired time charters) | |||||||||
100,716 | 51,934 | 244,020 | 368,447 | 311,764 | 268,236 | 378,013 | 457,804 | - | - |
Voyage revenues | |||||||||
- | - | - | - | - | - | - | - | 444,385 | - |
Leasing revenues | |||||||||
- | - | - | - | - | - | 112,118 | 141,211 | 223,774 | - |
Service revenues, net | |||||||||
0 | 0 | 725,805 | 1,817,077 | 1,180,250 | 941,903 | 587,531 | 260,730 | - | - |
Service revenues | |||||||||
- | - | - | - | - | - | - | - | 151,675 | - |
Total Revenues (Notes 4, 8, 16, 18) | |||||||||
100,716 | 51,934 | 969,825 | 2,185,524 | 1,492,014 | 1,210,139 | 1,077,662 | 859,745 | 819,834 | 1,080,702 |
OPERATING EXPENSES / (INCOME): | |||||||||
Voyage expenses (Note 4) | |||||||||
19,704 | 9,209 | 65,286 | 117,165 | 103,211 | 30,012 | 20,573 | 27,433 | 28,779 | - |
Vessels operating expenses | |||||||||
59,348 | 45,563 | 371,074 | 844,260 | - | - | - | - | - | - |
Vessels and drilling units operating expenses | |||||||||
- | - | - | - | 609,765 | - | - | - | - | - |
Voyage expenses (Note 2 and 18) | |||||||||
- | - | - | - | - | - | - | - | - | 53,172 |
Vessels, drilling rigs and drillships operating expenses | |||||||||
- | - | - | - | - | 649,722 | 373,122 | 190,614 | 201,887 | 165,891 |
Depreciation (Note 7) | |||||||||
14,966 | 3,466 | 227,652 | 449,792 | 357,372 | 335,458 | 274,281 | 192,891 | 196,309 | 157,979 |
Contract termination fees and forfeiture of vessel deposits (Note 4 and 5) | |||||||||
- | - | - | - | - | - | - | - | - | 160,000 |
Impairment loss (Note 7) | |||||||||
- | - | - | - | - | 0 | 144,688 | 3,588 | 1,578 | 0 |
Loss on sale of assets, net (Note 7) | |||||||||
- | - | - | - | - | -1,179 | -3,357 | 9,435 | 2,045 | - |
Gain on sale of assets, net (Note 6) | |||||||||
- | - | - | - | - | - | - | - | - | 223,022 |
Loss on contract cancellation (Note 5 and 14.2) | |||||||||
0 | 0 | -28,241 | -1,307 | 0 | 0 | 6,202 | 0 | 15,270 | 9,098 |
Contract termination fees and other (Note 6 and 15) | |||||||||
- | - | - | - | 33,293 | 41,339 | 0 | 0 | 259,459 | - |
Impairment loss, (gain)/loss from sale of vessels and other (Notes 7, 8) | |||||||||
4,125 | -106,343 | -1,057,116 | -38,148 | -43,490 | - | - | - | - | - |
Impairment on goodwill (Notes 2c and 7) | |||||||||
0 | 7,002 | 0 | 0 | - | - | - | - | - | 700,457 |
Gain from vessel insurance proceeds (Note 7) | |||||||||
- | - | - | - | - | - | 25,064 | 0 | 0 | - |
General and administrative expenses (Note 4) | |||||||||
30,972 | 39,708 | 104,912 | 193,686 | 184,722 | 145,935 | 123,247 | 88,576 | 90,823 | 89,358 |
Legal settlements and other, net (Note 14.1) | |||||||||
900 | -258 | -2,948 | -2,013 | 4,585 | -9,360 | 0 | 0 | - | - |
Operating income/ (loss) | |||||||||
-21,049 | -159,099 | -881,508 | 543,179 | 155,576 | 15,854 | 169,660 | 366,078 | 58,314 | -14,035 |
OTHER INCOME / (EXPENSES): | |||||||||
Interest and finance costs (Notes 4, 17) | |||||||||
14,707 | 8,857 | 172,132 | 411,021 | 332,129 | 210,128 | 146,173 | 66,825 | 84,430 | 113,194 |
Gain on debt restructuring (Note 10) | |||||||||
0 | 10,477 | 0 | 0 | - | - | - | - | - | - |
Interest income | |||||||||
1,365 | 81 | 527 | 12,146 | 12,498 | 4,203 | 16,575 | 21,866 | 10,414 | 13,085 |
Loss on Private Placement (Notes 3, 11) | |||||||||
7,600 | 0 | 0 | - | - | - | - | - | - | - |
Gain/(Loss) on interest rate swaps (Note 11) | |||||||||
0 | 403 | -11,601 | -15,528 | 8,373 | -54,073 | -68,943 | -120,505 | 23,160 | -207,936 |
Other, net | |||||||||
-401 | -199 | -9,275 | 7,067 | 2,245 | -492 | 9,023 | 10,272 | -6,692 | -12,640 |
Gain Loss On Forward Freight Agreements | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Total other expenses, net | |||||||||
-21,343 | 1,905 | -192,481 | -407,336 | -309,013 | -260,490 | -189,518 | -155,192 | -57,548 | -320,685 |
INCOME / (LOSS) BEFORE INCOME TAXES | |||||||||
-42,392 | -157,194 | -1,073,989 | 135,843 | -153,437 | -244,636 | -19,858 | 210,886 | 766 | -334,720 |
Loss due to deconsolidation of Ocean Rig (Notes 3, 11) | |||||||||
0 | 0 | -1,347,106 | 0 | 0 | - | - | - | - | - |
Income taxes (Note 20) | |||||||||
152 | 38 | 37,119 | 77,823 | 44,591 | 43,957 | 27,428 | 20,436 | 12,797 | 2,844 |
Losses of affiliated companies (Note 9) | |||||||||
0 | -41,454 | -349,872 | 0 | 0 | - | - | - | - | - |
Equity in net losses of Ocean Rig (Note 8) | |||||||||
- | - | - | - | - | - | - | - | - | -6,893 |
NET INCOME / (LOSS) | |||||||||
-42,544 | -198,686 | -2,808,086 | 58,020 | -198,028 | -288,593 | -47,286 | 190,450 | -12,031 | -344,457 |
Less: Net income attributable to non-controlling interests | |||||||||
0 | 0 | 38,975 | 105,532 | 25,065 | -41,815 | 22,842 | 2,123 | 7,178 | 16,825 |
NET INCOME / (LOSS) ATTRIBUTABLE TO DRYSHIPS INC. | |||||||||
-42,544 | -198,686 | -2,847,061 | -47,512 | -223,093 | -246,778 | -70,128 | 188,327 | -19,209 | -361,282 |
NET INCOME / (LOSS) ATTRIBUTABLE TO DRYSHIPS INC. COMMON STOCKHOLDERS (Note 19) | |||||||||
-39,739 | -206,381 | -2,847,631 | -48,209 | -223,149 | -246,778 | -74,594 | 172,564 | -26,706 | -361,809 |
EARNINGS / (LOSSES) PER COMMON SHARE ATTRIBUTABLE TO DRYSHIPS INC. COMMON STOCKHOLDERS, BASIC AND DILUTED (Note 19) | |||||||||
-1.13 | -455,587.20 | -49,958,438.60 | -1,268.56 | -14.53 | -0.65 | -0.21 | - | - | - |
WEIGHTED AVERAGE NUMBER OF COMMON SHARES, BASIC AND DILUTED (Note 19) | |||||||||
35,225 | 0 | 0 | 38 | 15,362 | 380,159 | 355,144 | - | - | - |
Dividends declared per share (Note 13) | |||||||||
26.85 | 0.00 | 0.00 | - | - | - | - | - | - | - |
EARNINGS/(LOSS) PER COMMON SHARE ATTRIBUTABLE TO DRYSHIPS INC. COMMON STOCKHOLDERS, BASIC (Note 20) | |||||||||
- | - | - | - | - | - | - | 0.64 | -0.13 | -8.11 |
WEIGHTED AVERAGE NUMBER OF COMMON SHARES, BASIC (Note 20) | |||||||||
- | - | - | - | - | - | - | 268,858 | 209,331 | 44,598 |
EARNINGS/(LOSS) PER COMMON SHARE ATTRIBUTABLE TO DRYSHIPS INC. COMMON STOCKHOLDERS, DILUTED (Note 20) | |||||||||
- | - | - | - | - | - | - | 0.61 | -0.13 | -8.11 |
WEIGHTED AVERAGE NUMBER OF COMMON SHARES, DILUTED (Note 20) | |||||||||
- | - | - | - | - | - | - | 305,425 | 209,331 | 44,598 |