Independence contract drilling, inc. (ICD)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Revenues

203,602

142,609

90,007

70,062

-

-

-

-

Revenues

-

-

-

-

88,418

70,347

42,786

15,123

Costs and expenses
Operating costs

144,913

95,220

67,733

43,277

52,087

42,654

28,401

15,400

Selling, general and administrative

16,051

15,907

13,213

16,144

14,483

12,222

8,911

7,813

Severance and merger-related expenses

2,698

13,646

0

0

-

-

-

-

Depreciation and amortization

45,367

30,891

25,844

23,808

21,151

16,181

10,186

5,904

Goodwill impairment and other charges

-

-

-

-

-

30,627

0

-

Goodwill impairment and other charges

-

-

-

-

-

-

-

0

Asset impairment (insurance recoveries), net

35,748

25

2,568

3,822

2,708

1,711

0

0

(Gain) loss on disposition of assets, net

4,943

-740

1,677

1,942

2,940

19

-55

0

Other expense

-377

0

0

-

-

-

-

-

Total costs and expenses

250,097

154,949

111,035

88,993

93,369

103,414

47,443

29,117

Operating loss

-46,495

-12,340

-21,028

-18,931

-4,951

-33,067

-4,657

-13,994

Interest expense

-14,415

-7,562

-2,983

-3,045

-3,254

-1,648

-257

-10

Gain on warrant derivative

-

-

-

-

-

3,189

1,035

3,655

Loss before income taxes

-60,910

-19,902

-24,011

-21,976

-8,205

-31,526

-3,879

-10,349

Income tax benefit

-122

91

287

202

-325

-3,358

-1,882

-5,401

Net Income (Loss) Attributable to Parent

-60,788

-19,993

-24,298

-22,178

-7,880

-28,168

-1,997

-4,948

Earnings Per Share [Abstract]
Basic and diluted (in dollars per share)

-0.81

-0.42

-0.64

-0.67

-0.33

-1.65

-0.16

-

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Earnings (loss) per share - basic

-

-

-

-

-

-

-

-0.49

Earnings (loss) per share - diluted

-

-

-

-

-

-

-

-0.49

Weighted average number of common shares outstanding:
Basic and diluted (in shares)

75,471

47,580

37,762

33,118

23,904

17,078

12,179

-

Weighted average number of common shares outstanding - basic

-

-

-

-

-

-

-

10,141

Weighted average number of shares outstanding - diluted

-

-

-

-

-

-

-

10,141