Gulf island fabrication inc (GIFI)
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
Revenue

78,555

79,445

75,802

80,456

67,605

60,231

49,712

54,014

57,290

37,277

49,884

45,868

37,993

55,461

65,384

81,502

83,979

55,018

67,531

84,338

99,233

124,760

118,020

129,169

134,690

135,138

168,191

154,575

150,422

129,237

141,793

137,227

113,083

88,406

85,827

87,251

46,348

60,733

75,290

Cost of revenue

78,809

92,714

78,487

82,054

67,052

64,195

52,924

54,713

56,611

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83,160

81,823

82,405

48,226

53,798

68,555

Cost of revenue

-

-

-

-

-

-

-

-

-

-

50,378

57,488

42,890

-

60,125

67,436

78,278

-

75,368

78,533

94,785

-

103,367

118,847

125,917

-

159,136

144,898

143,718

138,591

155,172

123,322

100,415

83,160

81,823

82,405

55,916

53,798

68,555

Gross profit (loss)

-254

-13,269

-2,685

-1,598

553

-3,964

-3,212

-699

679

-25,914

-494

-11,620

-4,897

-173

5,259

14,066

5,701

-17,572

-7,837

5,805

4,448

10,808

14,653

10,322

8,773

-1,775

9,055

9,677

6,704

-9,354

-13,379

13,905

12,668

5,246

4,004

4,846

-9,568

6,935

6,735

General and administrative expense

3,744

3,837

3,970

3,987

3,834

4,312

4,902

5,092

4,709

4,860

4,370

4,640

3,930

5,037

5,086

5,062

4,485

4,439

3,798

3,726

4,293

6,856

3,307

3,873

3,373

2,598

3,749

2,853

2,355

2,629

1,983

2,582

2,612

2,383

1,910

1,958

1,936

1,997

1,990

Impairments and (gain) loss on assets held for sale

-

-17,274

-324

0

70

-

-146

6,579

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairments and (gain) loss on assets held for sale, net

-

-

-

-

-

-

-

-

750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income) expense, net

9,934

-47

51

201

-71

2,554

-2,484

-64

-310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairments

-

-

-

-

-

-

-

-

-

-

0

0

389

-

0

0

0

-

6,600

-

-

-

0

-

-

-

-

-

-

-

-

-

-

0

0

0

7,690

-

-

Operating income (loss)

5,936

-34,427

-6,928

-5,384

-3,282

-4,555

-10,744

724

-5,090

-38,270

-4,864

-16,260

-9,216

-4,529

173

9,004

1,216

-22,613

-18,235

2,079

155

752

11,346

6,449

5,400

-4,373

5,306

6,824

4,349

-11,983

-15,362

11,323

10,056

2,863

2,094

2,888

-11,504

4,938

4,745

Interest (expense) income, net

53

4

139

126

262

25

72

-92

-147

-509

-45

146

59

60

110

88

50

39

39

50

37

-35

23

25

24

70

43

60

64

15

19

23

96

71

48

32

22

19

21

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

2

6

5

8

7

6

7

1

2

3

0

2

0

1

45

113

180

248

526

378

156

15

1,044

349

Other income (expense), net

-

-

-

-

-

-

-

-

-

-

38

-266

9

-

599

42

398

0

0

17

3

-1

-2

8

-104

-

-15

-43

-

-11

54

22

63

-

89

228

-

23

285

Total other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-412

-50

-

501

-44

354

-34

-31

-26

-28

41

-24

-15

-125

-349

-56

-103

-63

19

148

179

215

447

419

352

-7

1,048

613

Net income (loss) before income taxes

5,989

-34,423

-6,789

-5,258

-3,020

-4,530

-10,672

632

-5,237

-38,150

-4,871

-16,672

-9,266

-5,648

674

8,960

1,570

-22,647

-18,266

2,053

127

793

11,322

6,434

5,275

-4,722

5,250

6,721

4,286

-11,964

-15,214

11,502

10,271

3,310

2,513

3,240

-11,511

5,986

5,358

Income tax (expense) benefit

84

-98

-10

-10

22

152

277

83

59

-13,871

-1,761

-5,749

-2,812

-2,093

133

3,420

581

-7,980

-6,129

696

44

904

3,736

2,124

1,740

-1,612

1,974

2,442

1,499

-3,874

-4,842

3,910

3,492

1,544

954

1,405

-4,547

2,524

1,926

Net income (loss)

5,905

-34,325

-6,779

-5,248

-3,042

-4,682

-10,949

549

-5,296

-24,279

-3,110

-10,923

-6,454

-3,555

541

5,540

989

-14,667

-12,137

1,357

83

-111

7,586

4,310

3,535

-3,110

3,276

4,279

2,787

-8,090

-10,372

7,592

6,779

1,766

1,559

1,835

-6,964

3,462

3,432

Per share data:
Basic and diluted income (loss) per common share

0.39

-2.26

-0.44

-0.34

-0.20

-0.32

-0.73

0.04

-0.35

-1.64

-0.21

-0.73

-0.44

-0.24

0.04

0.37

0.07

-1.00

-0.84

0.09

0.00

-

0.52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,462

14,457

14,455

-

14,408

14,388

14,381

-

14,351

14,348

14,344

14,318

14,317

Effect of dilutive securities: employee stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

3

6

-

24

21

27

-

25

31

-

2

11

Adjusted weighted-average shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,468

14,460

14,461

-

14,408

14,409

14,408

-

14,376

14,379

14,344

14,320

14,328

Cash dividends per common share

-

-

-

-

-

-

-

-

-

0.01

0.01

0.01

0.01

39.97

0.01

0.01

0.01

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

0.06

0.06

0.06

0.06

0.01

0.01

Basic earnings (loss) per sharecommon shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.30

0.24

-0.22

0.23

0.30

0.19

-0.56

-0.72

0.52

0.47

0.12

0.11

0.13

-0.49

0.24

0.24

Diluted earnings (loss) per sharecommon shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.30

0.24

-0.22

0.23

0.30

0.19

-0.56

-0.72

0.52

0.47

0.12

0.11

0.13

-0.49

0.24

0.24