Nextier oilfield solutions inc. (FRAC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Revenue

2,027,527

1,821,556

1,779,889

1,894,844

2,045,644

2,137,006

2,151,947

2,070,341

1,814,944

1,542,081

1,191,624

831,075

599,528

420,570

0

0

0

Operating costs and expenses:
Cost of services

1,578,512

1,403,932

1,368,241

1,471,602

1,594,784

1,660,546

1,678,981

0

0

-

0

-

572,489

416,342

0

0

0

Depreciation and amortization

306,495

292,150

281,473

281,052

270,570

259,145

237,706

215,623

188,958

159,280

138,352

120,262

115,244

100,979

0

0

0

Selling, general and administrative expenses

165,383

136,435

122,203

116,756

108,310

114,258

101,731

102,540

100,749

84,853

77,335

57,961

50,983

53,155

0

0

0

Merger and integration

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on disposal of assets

3,922

-4,521

-759

-1,159

-4,746

-5,034

-2,692

-1,894

1,395

2,600

-40

0

0

-

0

-

-

Impairment expense

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

2,161,244

1,905,305

1,772,625

1,870,552

1,978,423

2,038,996

2,027,848

1,960,053

1,759,007

1,532,812

1,251,616

943,417

738,078

570,274

0

0

0

Operating loss

-133,717

-83,749

7,264

24,292

67,221

98,010

124,099

110,288

55,937

9,269

-59,992

-112,342

-138,550

-149,704

0

0

0

Other income (expense):
Other income, net

421

453

-1,926

12,473

12,532

-905

10,797

-2,715

970

13,963

5,027

3,615

787

916

0

0

0

Interest expense, net

22,527

21,856

22,306

23,069

31,909

33,504

34,603

35,820

25,852

59,223

61,797

64,564

70,252

38,299

0

0

0

Total other income (expense)

-22,106

-21,403

-24,232

-10,596

-19,377

-34,409

-23,806

-38,535

-24,882

-45,260

-56,770

-60,949

-69,465

-37,383

0

0

0

Loss before income taxes

-155,823

-105,152

-16,968

13,696

47,844

63,601

100,293

71,753

31,055

-35,991

-116,762

-173,291

-208,015

-187,087

0

0

0

Income tax expense

284

1,005

133

3,576

2,076

4,270

3,143

1,317

3,184

150

1,748

951

20

-114

0

0

0

Net loss

-156,107

-106,157

-17,101

10,120

45,768

59,331

97,150

70,436

27,871

-36,141

-118,624

-174,356

-208,149

-187,087

0

0

0

Other comprehensive loss, net of tax:
Foreign currency translation adjustments

1,020

-116

-106

-78

-109

-114

-49

-13

49

96

73

1

-30

22

0

0

0

Hedging activities

-7,386

-7,628

-12,973

-9,734

-5,953

-880

4,387

3,090

2,991

791

-3,290

-3,008

-3,164

-1,784

0

0

0

Total comprehensive loss

-162,473

-113,901

-30,180

308

39,706

58,337

101,488

73,513

30,911

-35,254

-121,841

-177,363

-211,343

-188,849

0

0

0

Net loss per share:
Basic net loss per share (in dollars per share)

-0.34

-0.63

0.03

-0.05

-0.21

0.05

0.28

0.28

-0.07

0.44

0.04

-0.12

-0.70

-

-0.59

-

-

Diluted net loss per share (in dollars per share)

-0.34

-0.63

0.03

-0.05

-0.21

0.06

0.28

0.27

-0.07

0.44

0.04

-0.12

-0.70

-

-0.59

-

-

Earnings per share, basic and diluted (in usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.52

-0.59

Unaudited net loss per share:
Weighted-average shares outstanding: basic (in shares)

212,842

177,750

104,899

104,837

104,422

105,186

108,825

111,319

112,010

107,749

111,509

103,013

103,013

-

87,313

87,313

-

Weighted-average shares outstanding: diluted (in shares)

212,842

177,387

105,259

104,840

104,422

106,097

108,990

111,543

112,010

107,503

111,755

103,013

103,013

-

87,313

-

-

Weighted average shares outstanding, basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87,313