Great Lakes Dredge & Dock Corporation GLDD Income Statement

Great lakes dredge & dock corporation (GLDD)

Income statement / TTM

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Contract revenues
736,576	711,518	720,454	729,350	679,809	620,795	528,961	513,607	555,196	592,159	594,050	629,602	644,935	637,468	776,822	798,755	845,440	856,878	879,778	861,174	807,006	806,831	777,567	763,231	725,647	731,418	623,072	597,694	613,676	588,430	531,867	527,851	519,703	520,134	642,098	663,765	0	0	0
Costs of contract revenues
564,222	557,761	565,644	566,789	532,602	509,335	465,297	469,709	513,148	549,429	518,091	553,416	564,775	552,130	683,662	701,555	740,209	760,955	791,797	772,819	724,735	714,335	678,045	660,332	635,179	631,123	519,120	513,758	524,806	510,272	477,283	453,696	444,488	437,499	534,804	549,273	0	0	0
Gross profit
172,354	153,757	154,810	162,561	147,207	111,460	63,664	43,898	42,048	42,730	75,959	76,186	80,160	85,338	93,160	97,200	105,231	95,923	87,981	88,355	82,271	92,496	99,522	102,899	90,468	100,295	103,952	83,936	88,870	78,158	54,584	74,155	75,215	82,635	107,294	114,492	0	0	0
OPERATING EXPENSES:
General and administrative expenses
59,856	59,110	58,366	59,221	56,840	55,108	45,319	48,498	53,533	57,235	59,828	49,493	51,977	55,271	69,328	77,418	73,210	71,069	66,829	67,614	67,989	67,911	69,189	70,248	69,673	68,039	58,033	52,579	48,692	45,723	38,835	39,904	42,070	40,892	55,087	56,725	0	0	0
IMPAIRMENT OF GOODWILL
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of assets—net
-	-	-	-5,347	-	-	-	-3,353	-4,579	-	-2,769	-2,592	-3,110	-3,089	-707	175	857	855	713	-561	-572	-732	2,074	5,678	5,623	5,773	3,107	1	165	198	9,066	9,089	11,509	11,736	0	0	0	-	-
(Gain) loss on sale of assets—net
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Operating income
116,403	98,128	92,645	97,993	86,158	52,621	13,646	-7,953	-16,064	-19,294	13,362	24,101	25,073	26,978	23,125	19,957	30,128	22,959	19,115	17,430	13,710	23,853	32,507	38,429	39,790	51,401	62,298	44,630	40,343	32,633	24,815	43,340	44,654	53,479	55,109	60,538	0	0	0
OTHER EXPENSE:
Interest expense—net
-26,603	-27,524	-28,950	-30,673	-32,476	-33,578	-35,624	-33,983	-31,433	-28,362	-25,468	-23,870	-23,332	-23,471	-22,318	-24,792	-24,456	-24,365	-23,727	-21,136	-20,581	-19,967	-20,000	-20,840	-21,224	-21,941	-21,849	-21,412	-21,399	-20,925	-20,688	-21,154	-20,682	-21,373	-19,734	-17,158	0	0	0
Equity in loss of joint ventures
-	-	-	-	-	-	-	-	-	-	0	0	-	2,365	267	2,324	5,068	6,051	363	4,097	46	-2,895	847	-3,511	-2,460	-1,208	423	-827	-451	124	-145	284	169	-406	-27	-764	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,145	0	0	0	-	-
Gain on bargain purchase acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense)
-976	317	-356	-263	-353	-2,590	-1,608	-1,945	-2,263	11	799	428	195	-777	-1,212	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-396	-602	-380	-351	466	328	88	118	599	0	0	-	0	-	-	-	-
Income from continuing operations before income taxes
88,824	70,921	63,339	67,057	53,329	16,453	-21,298	-41,567	-51,244	-49,129	-17,463	-5,517	-314	365	-2,254	-8,610	-947	-8,686	1,028	-2,122	-1,330	9,188	6,859	18,591	18,200	30,317	40,406	22,063	18,405	11,714	4,189	22,173	23,865	26,273	29,659	0	0	0	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Income tax provision
19,717	15,253	17,521	18,170	14,758	5,437	-24,010	-29,171	-33,443	-33,761	-7,173	-3,015	-317	-177	-225	-2,333	887	-2,497	-13,936	-15,747	-16,114	-11,530	1,709	5,838	5,551	10,460	15,781	9,370	8,311	5,419	1,308	8,277	8,981	9,944	11,713	14,850	0	0	0
Income from continuing operations
69,107	55,668	45,818	48,887	38,571	11,016	2,712	-12,396	-17,801	-15,368	-10,290	-2,502	3	542	0	0	0	-	-	-	-	20,718	5,150	12,753	12,649	19,857	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of income taxes
-	-6,329	-20,152	-19,471	-18,375	-17,309	-7,842	-7,664	-5,141	-15,892	0	0	0	-	-	-	-	-	-	-	-	-10,423	-25,350	-29,601	-53,248	-54,850	0	0	0	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-34,993	-22,983	-29,605	-3,237	-2,695	3,803	14,818	15,806	17,251	17,946	22,621	0	0	0
Net loss attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-632	-676	-514	-552	-645	-28	49	602	723	561	30	0	0	0
Net income
66,158	49,339	25,666	29,416	20,196	-6,293	-5,130	-20,060	-22,942	-31,260	-31,706	-23,918	-21,781	-8,177	-2,029	-6,277	-1,834	-6,189	13,659	11,261	7,100	10,295	-19,719	-16,185	-39,989	-34,361	-23,703	-30,487	-3,975	-3,340	3,831	14,769	15,204	16,528	17,385	22,591	0	0	0
Basic earnings per share attributable to continuing operations
0.53	0.23	0.14	0.18	0.33	0.08	0.19	0.02	-0.11	-0.06	-0.05	-0.07	-0.07	0.03	0.08	-0.03	-0.07	-	-	-	-	0.34	-0.01	0.06	-0.04	0.08	0.11	0.06	0.08	-	-	-	-	-	-	-	-	-	-
Basic loss per share attributable to discontinued operations, net of tax
-	0.02	-0.02	-0.05	-0.05	-0.20	0.00	-0.04	-0.04	-0.05	0.00	0.00	-0.21	-	-	-	-	-	-	-	-	-0.02	-0.02	-0.08	-0.05	-0.27	-0.08	-0.49	-0.07	-	-	-	-	-	-	-	-	-	-
Basic earnings per share
0.53	0.25	0.12	0.13	0.28	-0.12	0.19	-0.02	-0.15	-0.11	-0.05	-0.07	-0.28	-0.11	0.08	-0.03	-0.07	-0.01	0.00	0.05	-0.14	0.32	-0.03	-0.02	-0.09	-0.19	0.03	-0.43	0.01	0.01	-0.09	0.02	0.02	0.11	0.10	0.03	0.04	0.13	0.18
Basic weighted average shares
64,455	64,040	63,861	63,605	62,882	62,504	62,358	62,267	61,815	61,591	61,462	61,342	61,065	60,947	60,811	60,711	60,507	60,406	60,496	60,473	60,265	60,141	60,040	59,863	59,708	59,649	59,526	59,436	59,369	59,318	59,253	59,171	59,038	58,974	58,930	58,875	58,785	58,698	58,602
Diluted earnings per share attributable to continuing operations
0.52	0.22	0.14	0.18	0.32	0.07	0.19	0.02	-0.11	-0.06	-0.05	-0.07	-0.07	0.03	0.08	-0.03	-0.07	-	-	-	-	0.33	-0.01	0.06	-0.04	0.08	0.11	0.06	0.08	-	-	-	-	-	-	-	-	-	-
Diluted loss per share attributable to discontinued operations, net of tax
-	0.02	-0.02	-0.05	-0.05	-0.19	0.00	-0.04	-0.04	-0.05	0.00	0.00	-0.21	-	-	-	-	-	-	-	-	-0.02	-0.02	-0.08	-0.05	-0.26	-0.09	-0.48	-0.07	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share
0.52	0.24	0.12	0.13	0.27	-0.12	0.19	-0.02	-0.15	-0.11	-0.05	-0.07	-0.28	-0.11	0.08	-0.03	-0.07	-0.01	0.00	0.05	-0.14	0.31	-0.03	-0.02	-0.09	-0.18	0.02	-0.42	0.01	0.01	-0.09	0.02	0.02	0.12	0.09	0.03	0.04	0.13	0.18
Diluted weighted average shares
65,717	65,538	65,071	64,990	64,569	67,086	63,260	62,267	61,815	61,591	61,462	61,342	61,065	62,724	61,526	60,711	60,507	59,610	60,841	60,924	60,265	61,802	60,040	60,538	59,708	60,347	60,082	59,958	60,017	60,471	59,253	59,534	59,434	59,338	59,161	59,184	59,237	58,901	58,781
Dividends declared per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-	-	-	-	0.02	0.02	0.02