Independence contract drilling, inc. (ICD)
Income statement / TTM
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'14Sep'13Jun'13
Revenues

181,738

203,602

221,099

204,465

177,340

142,609

103,265

96,111

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

-

-

-

-

-

-

-

-

-

67,843

-

75,760

82,640

88,567

88,418

87,746

85,525

79,104

70,347

58,937

49,598

0

0

0

Costs and expenses
Operating costs

135,809

144,913

150,940

135,114

115,627

95,220

74,092

73,919

71,761

67,733

61,019

54,018

45,608

43,277

45,609

46,889

51,548

52,087

50,374

49,757

46,983

42,654

37,208

32,086

0

0

0

Selling, general and administrative

15,267

16,051

16,338

16,486

16,973

15,907

13,989

13,034

12,974

13,213

14,377

14,671

16,241

16,144

15,013

15,527

14,277

14,483

15,775

15,637

13,955

12,222

9,880

8,252

0

0

0

Severance and merger-related expenses

2,693

2,698

13,958

15,571

14,727

13,646

2,376

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

45,570

45,367

44,728

40,405

35,613

30,891

26,725

26,423

26,179

25,844

25,277

24,758

24,239

23,808

23,709

23,334

22,687

21,151

19,741

18,322

17,054

16,181

14,044

12,194

0

0

0

Asset impairment (insurance recoveries), net

50,349

35,748

10,270

8,304

0

-

0

0

-

2,568

5,396

4,497

3,951

3,822

0

0

0

-

-

-

-3,780

1,711

2,612

2,612

0

0

0

Asset impairment (insurance recoveries), net

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

(Gain) loss on disposition of assets, net

1,677

4,943

3,438

2,913

2,562

-740

-571

-311

767

1,677

2,927

3,603

2,895

1,942

926

2,518

2,422

2,940

2,760

544

601

19

-139

-191

0

0

0

Other expense

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

251,742

250,097

238,870

218,422

187,580

154,949

118,001

115,366

114,085

111,035

108,996

101,547

92,934

88,993

88,806

91,817

94,483

93,369

117,535

113,145

105,440

103,414

63,605

54,953

0

0

0

Operating loss

-70,004

-46,495

-17,771

-13,957

-10,240

-12,340

-13,140

-15,499

-18,687

-21,028

-26,042

-27,574

-25,091

-18,931

-13,046

-9,177

-5,916

-4,951

-29,789

-27,620

-26,336

-33,067

-4,668

-5,355

0

0

0

Interest expense

-14,258

-14,415

-15,426

-13,034

-10,380

-7,562

-3,944

-3,548

-3,296

-2,983

-2,641

-2,325

-2,698

-3,045

-3,855

-4,261

-3,919

-3,254

-2,065

-1,685

-1,566

-1,648

-1,497

-1,112

0

0

0

Gain on warrant derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,189

1,120

2,086

0

0

0

Loss before income taxes

-84,262

-60,910

-33,574

-27,246

-20,620

-19,902

-17,084

-19,047

-21,983

-24,011

-28,683

-29,899

-27,789

-21,976

-16,901

-13,438

-9,835

-8,205

-29,434

-27,496

-24,716

-31,526

-5,045

-4,381

0

0

0

Income tax benefit

2,376

-122

801

519

-2,400

91

57

137

192

287

245

247

244

202

128

-230

-166

-325

-2,174

-2,200

-1,628

-3,358

-2,059

-2,139

0

0

0

Net Income (Loss) Attributable to Parent

-86,638

-60,788

-34,375

-27,765

-18,220

-19,993

-17,141

-19,184

-22,175

-24,298

-28,928

-30,146

-28,033

-22,178

-17,029

-13,208

-9,669

-7,880

-27,260

-25,296

-23,088

-28,168

-2,986

-2,242

0

0

0

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

-7.53

0.13

-0.14

-0.17

-0.63

-0.12

-0.10

-0.09

-0.11

-0.14

-0.16

-0.17

-0.17

-0.34

-0.19

-0.12

-0.02

-0.22

-0.14

-0.03

0.06

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.07

0.13

-0.30

0.05

-0.05

Earnings (loss) per share - diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.07

0.13

-0.30

0.05

-0.05

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

3,750

147,002

75,405

75,692

3,785

75,690

38,253

38,253

38,124

37,984

37,839

37,679

37,546

37,462

37,387

33,608

24,015

23,216

23,920

23,851

24,629

-

-

-

12,251

-

-

Weighted average number of common shares outstanding - basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,174

12,263

-

12,180

12,179

Weighted average number of shares outstanding - diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,174

12,306

-

12,256

12,179