Eagle bulk shipping inc. (EGLE)
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'11Sep'10Jun'10
Revenues, net

74,378

71,486

74,110

69,391

77,389

86,692

69,092

74,938

79,370

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues, net

-

-

-

-

-

-

-

-

-

-

62,710

53,631

45,855

41,835

35,788

25,590

21,278

25,740

29,127

22,657

26,331

31,089

29,846

42,380

45,795

46,998

38,978

44,240

72,222

42,802

46,854

48,537

52,616

70,010

80,323

76,405

86,692

72,825

65,612

Voyage expenses

26,564

21,441

19,446

20,907

25,906

24,720

15,126

17,204

22,514

18,155

17,462

13,379

13,353

14,191

11,207

7,450

9,244

-

-

-

-

6,262

5,062

3,480

3,837

3,134

7,683

7,400

8,204

5,723

6,480

6,888

7,017

8,403

11,995

8,125

15,821

1,438

0

Vessel expenses

23,700

22,336

19,953

19,958

20,093

20,111

19,568

20,577

21,078

21,232

20,110

19,308

17,955

17,233

17,707

18,594

20,480

-

-

-

-

18,579

24,842

24,512

22,577

21,292

21,804

20,833

20,494

22,993

21,246

23,869

22,442

22,285

22,000

21,289

19,473

19,075

16,052

Vessel expenses

23,700

22,336

19,953

19,958

20,093

20,111

19,568

20,577

21,078

21,232

20,110

19,308

17,955

-

17,707

18,594

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,000

21,289

19,473

19,075

16,052

Charter hire expenses

6,040

8,151

11,345

11,179

11,491

10,209

7,459

10,108

10,268

11,312

9,652

6,445

3,873

5,866

3,822

1,668

1,488

-

-

-

-

1,042

-

-

-

-

-

-

-

2

1,104

16

590

3,202

11,058

11,029

15,924

2,837

0

Depreciation and amortization

12,466

11,321

10,055

9,761

9,407

9,708

9,460

9,272

9,276

9,196

8,980

8,020

7,492

9,979

9,854

9,654

9,396

-

-

-

-

8,781

19,611

19,353

19,077

19,484

19,366

19,159

18,936

19,338

19,389

19,427

19,433

19,624

18,660

17,640

17,158

17,193

15,537

General and administrative expenses

7,961

10,140

8,450

8,040

8,409

8,464

8,882

8,895

9,913

8,136

8,620

8,589

7,778

7,475

5,223

4,874

5,331

-

-

-

-

4,685

6,566

3,143

3,122

5,148

2,946

4,815

3,116

5,513

6,497

9,419

10,634

7,341

8,283

8,038

13,896

10,993

10,479

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-4

239

5,634

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of vessels

0

-65

971

966

4,106

-5

235

105

0

34

202

1,805

92

0

299

-401

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Vessel impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

122,860

0

0

6,167

50,872

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on time charter agreement termination

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

3,564

25,629

3,331

-

-

-

0

-

-

-

-

-

-

Loss (gain) from sale of vessel

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

291

-

Loss (gain) from sale of vessel

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-509

-

-

-

-

Total operating expenses

76,732

74,582

68,281

68,880

71,202

73,220

60,262

65,953

73,051

67,999

64,624

53,938

50,361

177,607

47,512

42,882

57,742

102,409

46,135

47,011

43,839

39,351

56,081

50,489

48,615

49,059

48,235

26,581

47,420

53,587

54,718

59,605

60,118

60,857

72,507

66,123

82,274

51,248

42,069

Operating (loss)/income

-2,354

-3,096

5,829

510

6,187

13,472

8,830

8,985

6,318

6,588

-1,913

-307

-4,506

-135,771

-11,724

-17,291

-36,464

-76,668

-17,007

-24,353

-17,507

-8,261

-26,235

-8,109

-2,820

-2,060

-9,256

17,659

24,802

-10,784

-7,863

-11,068

-7,501

9,153

7,815

10,281

4,417

21,577

23,543

Interest expense

9,191

8,965

8,117

6,733

6,762

6,520

6,574

6,387

6,261

8,236

7,836

6,858

6,445

6,644

7,434

4,902

2,817

-

-

-

-

2,359

12,312

28,380

19,773

20,949

20,729

20,689

20,539

21,647

21,981

12,053

10,960

59,496

-12,390

-11,672

11,336

-13,432

-12,607

Interest income

156

399

640

393

434

247

130

111

95

132

142

185

189

123

88

0

3

-

-

-

-

2

1

2

3

3

3

4

64

8

7

8

8

137

-35

-29

57

-81

-76

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

884

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense (income)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,219

-7,646

-13

-2,952

0

0

7

1,021

-

-

-

1,050

0

0

Reorganization items, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

7,311

8,172

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense/(income)

-

-

-2,915

-163

-

-713

199

740

-100

-100

-647

1,092

-306

2,716

-288

-300

-2,814

-

-

-

-

-3,287

-19,622

-36,550

-19,769

-29,165

-28,373

-20,698

-23,427

-

-21,973

-12,038

-

-

1,333

76

-

-

-

Loss on debt extinguishment

0

0

0

0

-2,268

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized and unrealized (gain)/loss on derivative instruments, net

7,861

-

-

-

2,438

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other expense, net

-1,173

-8,075

-10,392

-6,503

-6,157

-6,985

-6,245

-5,534

-6,266

-23,172

-8,341

-5,580

-6,561

-

-7,634

-5,203

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,931

-

13,688

11,719

-10,228

-13,351

-12,531

Net (loss)/income

-3,527

-11,171

-4,562

-5,992

29

6,486

2,584

3,450

52

-16,584

-10,255

-5,888

-11,068

-142,389

-19,359

-22,495

-39,278

-79,744

-20,376

-27,508

-20,667

-11,548

-45,857

-44,660

-22,589

-31,226

-37,630

-3,039

1,374

-32,423

-29,837

-23,106

-17,433

-1,698

-5,872

-1,438

-5,810

8,226

11,011

Weighted average shares outstanding:
Basic (in shares)

71,869

71,480

71,349

71,348

71,283

71,043

70,649

70,515

70,452

70,433

70,329

70,329

65,637

48,508

29,607

2,254

1,891

-

-

-

-

-0

19,172

17,079

17,080

17,014

16,986

16,968

16,966

16,860

16,821

15,880

15,750

-31,244

15,663

15,642

62,560

62,224

62,176

Diluted (in shares)

71,869

70,693

71,349

71,348

72,070

71,233

72,356

72,086

71,531

70,433

70,329

70,329

65,637

48,508

29,607

2,254

1,891

-

-

-

-

-0

19,172

17,079

17,080

17,014

16,986

16,968

16,966

16,860

16,821

15,880

15,750

-31,244

15,663

15,642

62,560

62,442

62,336

Per share amounts:
Basic net (loss)/income (in usd per share)

-0.05

-0.16

-0.06

-0.08

0.00

0.09

0.04

0.05

0.00

-0.23

-0.15

-0.08

-0.17

-2.96

-0.65

-9.98

-20.77

-42.37

-10.83

-14.62

-11.01

-0.31

-2.39

-2.61

-1.32

-1.83

-2.22

-0.18

0.08

-1.96

-1.77

-1.46

-1.11

-0.40

-0.37

-0.09

-0.09

0.13

0.18

Diluted net (loss)/income (in usd per share)

-0.05

-0.16

-0.06

-0.08

0.00

0.09

0.04

0.05

0.00

-0.23

-0.15

-0.08

-0.17

-2.96

-0.65

-9.98

-20.77

-42.37

-10.83

-14.62

-11.01

-0.31

-2.39

-2.61

-1.32

-1.83

-2.22

-0.18

0.08

-1.96

-1.77

-1.46

-1.11

-0.40

-0.37

-0.09

-0.09

0.13

0.18