Genie energy ltd. (GNE)
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'11Oct'11Sep'11Jun'11Mar'11Oct'10
Revenues [Abstract]
Electricity

-

-

-

52,055

-

-

-

48,514

65,335

-

66,189

44,480

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from sale of oil and gas purchased from other sources.

-

-

-

5,194

-

-

-

7,362

23,428

-

2,787

5,318

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amount, after sales adjustments, returns, allowances, and discounts, of revenue classified as other.

-

-

-

3,760

-

-

-

557

505

-

497

449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Electricity

-

-

-

-

-

-

-

-

-

-

-

-

52,966

40,972

55,057

38,312

45,126

39,006

50,137

33,804

47,336

42,641

42,504

39,516

95,782

50,055

66,923

45,066

54,624

-

-

-

-

-

-

-

-

-

-

Natural gas

-

-

-

-

-

-

-

-

-

-

-

-

17,940

10,118

1,766

5,781

13,366

7,317

2,265

5,011

26,164

12,042

2,805

8,808

34,213

17,016

4,715

10,068

30,707

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

499

429

330

468

387

-211

586

712

929

936

877

486

353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

104,051

81,952

85,713

61,009

86,617

62,766

71,842

56,433

89,268

73,077

69,473

50,247

71,405

51,519

57,153

44,561

58,879

46,112

52,988

39,527

74,429

55,619

46,186

48,810

130,348

67,071

71,638

55,134

85,331

65,403

63,725

42,826

57,505

24,625

45,796

52,158

38,716

63,426

43,363

Cost of Revenue

75,146

59,975

59,360

52,031

61,026

48,019

50,572

40,361

64,810

46,321

47,694

38,122

46,556

36,948

36,946

26,446

34,832

30,580

31,760

26,106

57,963

45,416

28,359

37,359

120,452

50,237

51,699

45,168

66,312

46,936

42,285

31,178

39,473

19,313

29,010

33,163

28,902

46,261

28,641

Gross Profit

28,905

21,977

26,353

8,978

25,591

14,747

21,270

16,072

24,458

26,756

21,779

12,125

24,849

14,571

20,207

18,115

24,047

15,532

21,228

13,421

16,466

10,203

17,827

11,451

9,896

16,834

19,939

9,966

19,019

18,467

21,440

11,648

18,032

5,312

16,786

18,995

9,814

17,165

14,722

Operating Expenses [Abstract]
Selling, General and Administrative Expense

19,499

19,151

19,364

18,195

15,757

15,165

13,912

15,369

17,098

17,114

19,464

24,742

18,802

14,682

14,945

15,934

16,008

16,994

15,909

16,469

16,639

15,077

18,890

13,426

14,289

12,177

12,666

12,137

12,769

13,429

15,199

12,965

12,407

4,207

10,092

13,629

8,411

7,721

6,347

Research and Development Expense

-

-

44

59

-

-

-

-

-

-

-

-

-

-479

0

83

127

323

406

553

703

1,506

1,491

1,354

1,187

-376

2,653

2,592

2,488

2,224

2,264

2,784

2,093

1,045

1,522

1,603

1,833

2,300

1,715

Write-off of capitalized exploration costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,041

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset Impairment Charges

192

-

-

-

-

-

451

2,291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-down of assets held for sale to fair value

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploration Expense

-

-

-

-

-

0

0

17

227

2,323

753

952

851

1,648

1,323

1,426

1,691

2,193

1,531

1,286

1,573

3,490

1,553

1,015

913

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) from bargain purchase of interest in AMSO, LLC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,262

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Income (Loss)

9,214

2,322

6,945

-9,276

9,834

-457

6,907

-1,605

7,133

995

1,403

-13,569

5,196

-1,344

-37,102

1,934

5,999

-4,242

3,249

-4,887

-2,449

-13,226

-4,107

-4,344

-6,493

-386

3,948

-5,569

2,633

1,891

3,469

-5,006

2,693

-416

3,978

2,144

-2,610

6,475

5,848

Investment Income, Interest

128

3

163

189

93

173

195

108

81

88

51

70

86

76

70

104

82

105

105

102

99

160

117

99

93

97

59

127

166

131

164

63

46

-

-

-

-

-

-

Interest Expense, Debt

123

51

161

178

140

139

89

81

92

88

67

116

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in the net loss of equity method investees

-379

-2,724

-238

-1,071

-797

-1,347

-861

-716

-506

724

-159

0

0

0

0

0

-222

-

-133

0

-

-

-

-

-

-587

-672

-806

-1,129

-923

-508

-905

-839

-476

-1,194

-1,619

-2,180

-669

-812

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

164

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

518

583

945

693

729

789

1,006

816

732

634

731

-

-

-

-

-

-

Financing fees, net of interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

556

441

-

-

Interest expense and financing fees, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

536

-

Interest expense and financing fees, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

536

-

-

-

437

Other (expense) income, net

150

921

-85

157

73

31

25

58

42

30

9

-158

-248

55

333

-27

-135

-73

24

-145

11

267

150

-45

17

-99

-159

-18

-168

-48

-11

-70

-14

531

-833

-986

66

229

167

Income (Loss) From Continuing Operations Before Income Taxes, Extraordinary Items, Noncontrolling Interest

8,990

471

6,624

-10,179

9,063

-1,739

6,341

-2,236

6,658

460

1,396

-13,773

4,995

-1,232

-36,699

2,011

5,946

-4,220

3,378

-4,930

-2,339

-10,753

-4,358

-4,873

-7,328

-1,081

3,119

-6,249

1,625

1,158

2,890

-5,647

1,994

-254

-

602

-2,985

6,168

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,609

-

-

-

5,578

Income Tax Expense (Benefit)

2,569

1,459

1,916

-1,678

2,903

-14,108

675

258

799

1,272

421

-823

856

53

475

594

1,096

-114

752

-204

91

-325

467

134

-181

37

1,077

-81

1,722

98

3,974

-1,933

791

152

1,594

464

1,187

3,788

2,912

Net income attributable to Genie Energy Ltd. common stockholders

6,421

-988

4,708

-8,501

6,160

12,369

5,666

-2,494

5,859

-812

975

-12,950

4,139

-1,285

-37,174

1,417

4,850

-4,106

2,626

-4,726

-2,430

-10,428

-4,825

-5,007

-7,147

-1,118

2,042

-6,168

-97

1,060

-1,084

-3,714

1,203

-406

1,015

138

-4,172

2,380

2,666

Loss attributable to noncontrolling interests

589

-1,313

-539

-1,035

91

-264

-251

-575

-295

-1,027

197

-381

-443

-469

-5,035

-1,344

-819

-312

-219

-228

-420

8

-430

-136

-363

-635

51

-267

1,413

-948

1,557

-462

599

240

-896

-1,355

-1,842

-363

-25

Net income attributable to Genie Energy Ltd.

5,832

325

5,247

-7,466

6,069

12,633

5,917

-1,919

6,154

215

778

-12,569

4,582

-816

-32,139

2,761

5,669

-3,794

2,845

-4,498

-2,010

-10,436

-4,395

-4,871

-6,784

-483

1,991

-5,901

-1,510

2,008

-2,641

-3,252

604

-646

1,911

1,493

-2,330

2,743

2,691

Dividend on preferred stock

370

371

370

370

370

371

370

370

370

371

370

370

370

371

370

370

370

371

370

370

370

434

370

306

306

305

306

306

306

211

0

0

0

-

-

-

-

-

-

Net income attributable to Genie Energy Ltd. common stockholders

5,462

-46

4,877

-7,836

5,699

12,262

5,547

-2,289

5,784

-156

408

-12,939

4,212

-1,187

-32,509

2,391

5,299

-4,165

2,475

-4,868

-2,380

-10,870

-4,765

-5,177

-7,090

-788

1,685

-6,207

-1,816

1,797

-2,641

-3,252

604

-

-

-

-

-

-

Earnings per share attributed to Genie Energy Ltd. common stockholder
Basic and diluted loss per share attributable to Genie Energy Ltd. common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.24

-0.33

-

-

-0.32

-0.09

-

-

-0.15

-

-

-

-

-

-

-

Weighted-average number of shares used in calculation of basic and diluted loss per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,174

21,170

-

-

19

19

-

-

21

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Earnings Per Share, Basic

0.21

0.00

0.18

-0.29

0.21

0.49

0.21

-0.09

0.24

-0.01

0.02

-0.55

0.18

-

-1.43

0.10

0.23

-

0.11

-0.22

-0.11

-

-0.22

-

-

-

0.09

-

-

-

-0.13

-

0.03

-0.03

0.09

0.07

-0.11

0.13

0.13

Earnings Per Share, Diluted

0.20

0.00

0.18

-0.29

0.21

0.47

0.21

-0.09

0.24

-0.01

0.02

-0.55

0.18

-

-1.43

0.10

0.22

-

0.10

-0.22

-0.11

-

-0.22

-

-

-

0.08

-

-

-

-0.13

-

0.03

-0.03

0.09

0.07

-0.11

0.12

0.12

Weighted-average number of shares used in calculation of earnings per share:
Weighted Average Number of Shares Outstanding, Basic

26

26

26

26

26

-24,188

25

24

24,239

23,640

23,567

23,467

23,450

-

22,813

22,795

22,791

-

22,146

22,125

22,107

-

21,224

-

-

-

19,384

-

-

-

21,037

-

21,000

20,367

20,365

20,365

20,365

20,365

20,365

Weighted Average Number of Shares Outstanding, Diluted

26

28

27

26

27

-24,243

26

24

24,295

22,738

24,158

23,467

23,761

-

22,813

23,603

23,684

-

23,622

22,125

22,107

-

21,224

-

-

-

21,089

-

-

-

21,037

-

22,960

22,652

22,342

22,342

20,365

22,342

22,342

Common Stock, Dividends, Per Share, Declared

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

-

0.06

0.06

0.06

-

0.00

0.06

0.06

-

-

0.00

0.00

-

-

-

-

-

0.05

0.05

0.03

-

-

0.00

0.00

0.00

-

(i) Stock-based compensation included in selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

239

217

-314

197

18

Electricity [Member]
Revenues

69,972

-

81,473

-

62,614

-

67,292

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and Gas [Member]
Revenues

16,070

-

3,169

-

18,706

-

3,702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other [Member]
Revenues

18,009

-

1,071

-

5,297

-

848

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-