FRANK'S INTERNATIONAL N.V. FI Income Statement

Frank's international n.v. (FI)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Sep'12	Jun'12
Revenue:
Revenue from Contract with Customer, Excluding Assessed Tax
123,492	139,441	140,417	155,654	144,408	145,853	128,986	132,085	115,569	118,322	108,083	117,659	110,731	107,985	105,114	120,946	153,486	202,976	239,883	254,304	277,437	319,020	296,183	272,937	264,492	282,072	270,102	292,975	232,573	266,407	262,689
Operating expenses:
Cost of revenue, exclusive of depreciation and amortization
General and administrative expenses
26,683	24,086	26,921	34,026	35,411	31,839	29,916	32,787	32,096	4,111	39,963	42,419	42,725	33,301	39,677	55,667	43,242	-36,044	66,929	73,797	69,797	70,947	65,220	71,760	59,451	64,739	64,104	51,987	43,925	46,524	46,115
Depreciation, Depletion and Amortization
19,718	22,163	21,482	23,913	25,242	27,132	26,998	28,862	28,300	29,402	30,650	30,951	31,099	29,937	26,545	28,283	29,450	28,219	29,032	27,710	24,001	23,699	23,254	21,895	21,193	21,489	19,887	19,013	17,693	16,827	16,330
Goodwill impairment
57,146	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, Settlement And Impairment Provisions (Credits)
20,725	43,938	5,222	815	455	2,173	-4,852	1,115	1,254	72,968	1,648	-299	1,037	27,548	14,534	3,718	606	21,276	1,186	1,049	11,973	0	0	0	0	-	-	-	-	-	-
Changes in contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,532	-	-	-	0	-	-	-	-	-	-	-	-
Loss on disposal of assets
-60	-53	-603	-154	-227	-481	2,242	-217	-235	-46	829	-210	1,472	-2,212	46	279	770	517	1,392	-687	-184	-96	-280	-154	241	190	-124	79	-23	-36	90
Operating Income (Loss)
-94,208	-165,279	-14,803	-12,514	-20,294	-20,601	-13,591	-23,782	-34,907	-109,086	-35,080	-33,966	-36,610	-60,870	-48,932	-50,678	-2,882	8,214	39,097	41,309	55,035	91,763	86,273	62,838	74,069	82,283	75,193	103,933	79,262	95,513	96,511
Other income (expense):
Tax receivable agreement (“TRA”) related adjustments
-	-	0	220	-	3,923	-1,170	-1,171	-2,941	-	122,515	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
2,026	-1,715	1,620	669	529	140	314	2,033	-440	1,415	-384	598	134	2,025	984	1,658	-497	2,815	918	971	1,087	-37	1,483	2,918	2,371	925	1,128	5,280	2,127	3,228	2,757
Interest income, net
533	508	563	426	768	1,824	866	609	944	139	1,019	753	398	1,023	646	198	206	191	173	-31	8	64	-13	80	-44	-160	170	-461	-202	112	-66
Mergers and acquisition expense
-	-	0	0	-	0	0	0	58	0	0	10	449	13,784	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency gain (loss)
-9,892	1,817	-3,872	-661	483	-2,233	-879	-4,267	1,704	-1,109	1,839	599	746	-4,912	-1,696	-4,170	-41	205	-5,329	-2,767	1,533	-16,515	-526	65	-65	-442	3,161	-1,688	-3,587	80	-2,288
Total other income (expense)
-7,333	610	-1,689	654	1,780	3,654	-869	-2,796	-791	445	124,989	1,940	829	-15,648	-66	-2,314	-332	3,211	-4,238	-1,827	2,628	-16,488	944	3,063	2,262	323	4,459	3,131	-1,662	3,420	403
Loss before income taxes
-101,541	-164,669	-16,492	-11,860	-18,514	-16,947	-14,460	-26,578	-35,698	-108,641	89,909	-32,026	-35,781	-76,518	-48,998	-52,992	-3,214	11,425	34,859	39,482	57,663	75,275	87,217	65,901	76,331	82,606	79,652	107,064	77,600	98,933	96,914
Income Tax Expense (Benefit)
-15,563	3,424	7,297	3,300	9,773	-1,049	-7,461	-815	6,375	499	87,613	-6,076	-9,118	-10,332	-6,800	-7,705	-806	4,657	10,771	10,629	11,262	23,814	19,777	15,852	15,969	6,158	20,185	6,081	6,303	8,634	7,719
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,362	76,448	59,467	100,983	71,297	90,299	89,195
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	40,887	1,748	1,251	1,719
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-25,950	-	-66,186	-42,198	-45,287	-2,408	6,768	24,088	28,853	46,401	51,461	67,440	50,049	60,362	76,448	59,467	141,870	73,045	91,550	-
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	0	-	0	-5,216	-13,889	-1,636	-668	7,523	8,023	12,122	16,849	20,094	14,833	18,499	21,364	18,653	36,506	18,845	23,483	-
Net Income (Loss) Attributable to Parent
-85,978	-168,093	-23,789	-15,160	-28,287	-15,898	-6,999	-25,763	-42,073	-109,140	2,296	-25,950	-26,663	-66,186	-36,982	-31,398	-772	7,436	16,565	20,830	34,279	34,612	47,346	35,216	41,863	55,084	40,814	105,364	54,200	68,067	90,914
Preferred Stock Dividends, Income Statement Impact
-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	1	-	-	0	2	-	-	0	1	-	-	-	-	-	-	-
Net loss attributable to Frank’s International N.V. common shareholders
-	-	-	-	-	-	-	-	-	-	-	-25,950	-	-	-36,982	-31,399	-	-	16,565	20,828	-	-	47,346	35,215	-	-	-	-	-	-	-
Dividends per common share (in USD per share)
-	-	-	-	-	-	-	-	-	0.00	0.07	0.07	0.07	0.07	0.07	0.15	0.15	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss per common share:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.31	0.30	0.63	0.45	0.56	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	0.00	0.26	0.01	0.01	-
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.01	-	-	-	-0.21	-	0.00	0.04	0.11	0.14	0.22	0.22	0.31	0.23	0.27	0.28	0.30	0.89	0.46	0.57	-
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.33	0.29	0.59	0.41	0.53	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.00	0.23	0.01	0.00	-
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.01	-	-	-	-0.21	-	0.00	0.04	0.11	0.14	0.21	0.22	0.31	0.23	0.27	0.32	0.29	0.82	0.42	0.53	-
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.75
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01
Basic and diluted (in dollars per share)
-0.38	-0.74	-0.11	-0.07	-0.13	-0.07	-0.03	-0.12	-0.19	-	-	-0.12	-0.12	-	-	-0.20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.76
Weighted average common shares outstanding:
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	223,056	-	-	-	177,125	-	155,244	155,162	154,813	154,344	154,329	154,285	153,923	153,524	153,524	153,956	137,024	119,024	119,024	119,024	-
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	223,581	-	-	-	177,125	-	155,244	209,666	209,349	209,114	208,479	208,354	207,934	207,822	207,202	207,589	190,435	172,000	172,000	172,000	-
Weighted Average Number of Shares Outstanding, Basic and Diluted
225,505	225,516	225,415	225,052	224,653	224,266	224,182	223,981	223,567	-	-	222,914	222,564	-	-	155,440	-	-	-	-	-	-	-	-	-	-	-	-	-	-	119,024
Services
Revenue from Contract with Customer, Excluding Assessed Tax
105,083	111,469	119,572	127,091	115,406	115,776	103,911	105,746	91,348	91,659	92,547	93,533	86,322	85,237	85,698	95,177	131,257	156,012	176,553	201,282	232,405	263,005	254,047	231,838	220,813	234,378	228,069	234,649	205,864	225,937	217,641
Cost of revenue
79,380	82,556	86,745	85,785	83,239	83,061	74,769	74,088	70,962	105,239	55,501	60,777	51,683	56,687	57,307	64,309	68,349	142,161	72,389	76,692	93,600	97,916	97,919	90,029	83,991	81,393	79,213	82,061	67,577	74,444	75,808
Products
Revenue from Contract with Customer, Excluding Assessed Tax
18,409	27,972	20,845	28,563	29,002	30,077	25,075	26,339	24,221	26,663	15,536	24,126	24,409	22,748	19,416	25,769	22,229	46,964	63,330	53,022	45,032	56,015	42,136	41,099	43,679	47,694	42,033	58,326	26,709	40,470	45,048
Cost of revenue
13,988	20,816	14,247	23,475	20,128	21,768	17,988	18,798	17,629	15,642	16,230	17,567	22,269	19,170	16,029	19,926	15,491	39,667	34,174	33,060	22,847	34,599	23,237	26,261	26,029	32,358	31,581	36,060	24,093	33,063	28,015