ION GEOPHYSICAL CORP IO Income Statement

Ion geophysical corp (IO)

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
Net revenues
194,137	174,679	206,564	200,525	183,493	180,045	166,546	165,347	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
114,516	114,657	113,972	116,746	120,814	120,425	114,626	114,284	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service revenues
-	-	-	-	-	-	-	-	-	-	-	-	141,312	-	168,062	155,663	153,556	160,480	209,470	227,878	294,322	384,938	439,472	412,228	412,064	391,317	346,313	394,657	377,898	354,583	316,512	297,383	274,055	265,586	268,870	230,929	0	0	0
Product revenues
-	-	-	-	-	-	-	-	-	-	-	-	41,387	-	46,843	47,294	50,044	61,033	71,417	92,875	111,116	124,620	151,923	152,465	152,064	157,850	157,247	165,388	166,446	171,734	196,618	195,078	201,724	189,035	147,462	145,135	0	0	0
Total net revenues
-	-	-	-	-	-	-	-	-	-	-	-	182,699	-	214,905	202,957	203,600	221,513	280,887	320,753	405,438	509,558	591,395	564,693	564,128	549,167	503,560	560,045	544,344	526,317	513,130	492,461	475,779	454,621	416,332	376,064	0	0	0
Cost of services
-	-	-	-	-	-	-	-	-	-	-	-	112,225	-	141,687	148,876	160,518	180,215	210,164	222,566	252,090	278,627	284,250	276,221	274,845	272,047	257,955	264,835	241,191	219,324	195,740	186,632	180,588	177,956	187,371	164,091	0	0	0
Cost of products
-	-	-	-	-	-	-	-	-	-	-	-	19,411	-	22,712	24,232	28,221	33,295	47,520	56,869	63,667	68,608	74,537	100,191	102,612	112,346	116,390	94,933	93,551	91,192	109,716	110,055	111,729	103,220	71,185	70,193	0	0	0
Multi-Client Data Library Impairment Charges
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
78,454	60,022	92,592	83,779	62,679	59,620	45,622	59,256	76,391	75,639	60,172	61,828	51,063	36,032	50,506	29,849	14,861	8,003	-76,897	-58,782	-10,419	62,223	227,147	182,820	181,210	159,313	129,215	200,277	209,602	215,801	207,674	195,774	183,462	173,445	157,776	141,780	0	0	0
Operating expenses:
Research, development and engineering
17,676	19,025	20,059	20,211	19,284	18,182	17,977	17,343	17,191	16,431	15,230	15,065	15,719	17,833	19,550	21,856	24,334	26,445	32,251	36,624	39,690	41,009	39,331	38,709	37,491	37,742	37,209	34,425	35,644	34,080	32,035	30,856	26,456	24,569	23,602	22,494	0	0	0
Marketing and sales
22,272	23,207	22,923	22,541	22,488	21,793	22,030	22,466	21,390	20,778	19,059	18,094	17,847	17,371	20,492	22,716	26,670	30,493	35,447	37,023	38,302	39,682	40,829	40,765	39,816	38,583	36,442	36,117	35,803	35,240	32,352	32,460	31,644	31,269	30,847	28,297	0	0	0
General, administrative and other operating expenses
36,552	42,249	44,350	42,077	41,923	37,364	44,377	45,821	45,237	47,129	41,749	42,607	44,451	43,999	45,697	45,248	47,929	51,697	68,409	73,050	72,594	76,177	64,649	72,187	69,759	66,592	78,536	71,130	73,348	71,954	60,195	55,919	52,995	50,812	46,591	46,765	0	0	0
Goodwill, Impairment Loss
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
80,650	84,481	123,885	121,382	120,248	113,892	84,384	85,630	83,818	84,338	76,038	75,766	78,017	79,203	85,739	89,820	98,933	108,635	159,391	169,981	173,870	180,152	144,809	151,661	147,066	142,917	152,187	141,672	144,795	141,274	124,582	119,235	111,095	106,650	101,040	97,556	0	0	0
Income (loss) from operations
-2,196	-24,459	-31,293	-37,603	-57,569	-54,272	-38,762	-26,374	-7,427	-8,699	-15,866	-13,938	-26,954	-43,171	-35,233	-59,971	-84,072	-100,632	-236,288	-228,763	-184,289	-117,929	82,338	31,159	34,144	16,396	-22,972	58,605	64,807	74,527	83,092	76,539	72,367	66,795	56,736	44,224	0	0	0
Interest expense, net
-13,183	-13,074	-12,581	-12,448	-12,248	-12,972	-13,814	-14,751	-16,081	-16,709	-17,106	-17,754	-18,215	-18,485	-18,710	-18,957	-18,862	-18,753	-18,689	-18,883	-19,210	-19,382	-19,020	-18,253	-16,075	-12,344	-9,249	-6,205	-4,813	-5,265	-5,719	-5,864	-5,687	-5,784	0	0	0	-	-
Equity in losses of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-8,457	-11,584	-19,534	-22,862	-17,848	-13,216	0	0	0
Interest expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Interest expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,115	79,860	71,832	-1,847	-115,031	-182,530	-162,541	-89,176	18,837	17,124	-1,871	-736	-1,134	-3,447	-5,532	-6,530	0	0	0
Nonoperating Income (Expense)
-396	-1,617	-758	-425	-437	-436	-407	224	332	-3,945	820	-1,929	-3,838	1,350	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
-15,775	-39,150	-44,632	-50,476	-70,254	-67,680	-52,983	-40,901	-23,176	-29,353	-32,152	-33,621	-49,007	-60,306	-57,327	-80,631	-1,320	-21,110	-191,510	-190,013	-243,181	-106,936	94,217	-29,508	-142,086	-220,798	-209,440	-47,946	77,776	86,683	67,045	58,355	46,012	34,702	27,311	18,442	0	0	0
Income Tax Expense (Benefit)
12,531	8,064	7,329	5,618	3,053	2,718	-341	-734	1,514	24	2,226	3,856	3,710	4,421	6,312	5,078	3,354	4,044	9,918	16,181	16,302	20,582	20,531	69,140	29,782	25,720	29,641	-21,276	21,613	23,857	19,086	16,533	13,434	10,136	2,782	1,472	0	0	0
Net loss
-28,306	-47,214	-51,961	-56,094	-73,307	-70,398	-52,642	-40,167	-24,690	-29,377	-34,378	-37,477	-52,717	-64,727	-63,639	-85,709	-4,674	-25,154	-201,428	-206,194	-259,483	-127,518	73,686	-98,648	-171,868	-246,518	-239,081	-26,670	56,163	62,826	47,959	41,822	32,578	24,566	24,529	16,970	0	0	0
Less: Net (income) loss attributable to noncontrolling interest
796	985	1,087	767	798	773	580	584	636	865	961	1,098	759	421	562	574	198	-32	-972	-1,580	12	734	1,241	1,124	-112	-658	-568	-112	-452	-489	-541	-533	-296	-208	0	0	0	-	-
Net loss attributable to ION
-29,102	-48,199	-53,048	-56,861	-74,105	-71,171	-53,222	-40,751	-25,326	-30,242	-35,339	-38,575	-53,476	-65,148	-64,201	-86,283	-4,872	-25,122	-200,456	-204,614	-259,495	-128,252	72,445	-99,772	-171,756	-245,860	-238,513	-26,558	56,615	63,315	48,500	42,355	32,874	24,774	24,632	17,039	0	0	0
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,014	1,352	1,352	1,352	1,352	1,352	1,352	1,352	1,352	1,352	1,399	0	0	0
Conversion payment of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Net loss applicable to common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-251,874	-244,865	-27,910	55,263	61,963	47,148	41,003	31,522	23,422	23,280	15,640	0	0	0
Earnings Per Share [Abstract]
Basic (usd per share)
-0.16	-1.02	-0.26	-0.61	-1.52	-1.38	-0.54	-1.86	-1.44	-0.11	0.42	-0.88	-1.98	-0.33	0.14	-2.22	-3.30	-0.50	-1.86	5.11	-5.04	-12.04	-0.15	0.01	0.46	-22.11	-1.29	-0.45	0.01	0.17	0.10	0.08	0.05	0.07	0.06	0.02	0.00	0.08	0.01
Diluted (usd per share)
-0.16	-1.02	-0.26	-0.61	-1.52	-1.38	-0.54	-1.86	-1.44	-0.10	0.41	-0.88	-1.98	-0.33	0.14	-2.22	-3.30	-0.50	-1.86	5.11	-5.04	-12.04	-0.15	0.01	0.46	-22.11	-1.29	-0.45	0.01	0.17	0.09	0.08	0.05	0.07	0.06	0.02	0.00	0.08	0.01
Weighted average number of common shares outstanding:
Basic (in shares)
14,230	14,212	14,181	14,098	14,033	14,024	14,003	13,928	12,813	11,921	11,890	11,875	11,818	11,799	11,786	11,415	10,600	10,894	10,984	10,979	10,971	-448,303	164,149	164,063	163,847	-428,250	157,143	156,910	156,465	156,112	155,918	155,631	155,543	155,316	155,166	155,096	153,666	152,344	151,441
Diluted (in shares)
14,230	14,212	14,181	14,098	14,033	14,024	14,003	13,928	12,813	11,740	12,071	11,875	11,818	11,678	11,907	11,415	10,600	10,893	10,984	10,980	10,971	-448,877	164,149	164,423	164,061	-429,100	157,143	156,910	157,315	169,086	162,852	162,575	156,547	150,025	162,227	156,553	155,555	152,690	152,036
Service
Net revenues
150,637	131,280	161,620	156,735	142,080	139,038	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
83,348	83,519	92,202	95,436	100,674	100,557	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product
Net revenues
43,500	43,399	44,944	43,790	41,413	41,007	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
22,096	22,066	21,770	21,310	20,140	19,868	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-