Mitcham industries inc (MIND)
Income statement / Yearly
Jan'20Jan'19Jan'18Jan'17Jan'16Jan'15Jan'14Jan'13Jan'12Jan'11Jan'10
Revenues:
Sale of marine technology products

29,538

25,571

27,420

25,058

25,163

30,310

36,559

-

-

-

-

Equipment leasing

11,206

11,427

7,826

-

-

-

-

-

-

-

-

Equipment leasing

-

-

-

10,161

23,710

48,298

46,756

54,592

70,137

36,825

27,702

Sale of lease pool and other equipment

1,931

5,944

13,030

5,780

2,946

4,538

8,793

-

-

-

-

Lease pool equipment sales

-

-

-

-

-

-

-

11,412

-6,503

2,470

3,321

Seamap equipment sales

-

-

-

-

-

-

-

31,169

28,406

21,345

20,567

Other equipment sales

-

-

-

-

-

-

-

7,512

7,788

10,723

-

Other equipment sales

-

-

-

-

-

-

-

-

-

-

3,582

Revenues

42,675

42,942

48,276

40,999

51,819

83,146

92,108

104,685

112,834

71,363

55,172

Cost of sales:
Sale of marine technology products

16,481

14,863

16,686

13,571

13,376

16,913

21,573

-

-

-

-

Equipment leasing (including lease pool depreciation of $4,959, $9,186 and $14,370 at January 31, 2020, 2019 and 2018, respectively)

8,983

13,522

17,764

-

-

-

-

-

-

-

-

Equipment leasing (including lease pool depreciation of $1,143 and $2,445 for the three months ended July 31, 2019 and 2018, respectively, and $2,589 and $5,099 for the six months ended July 31, 2019 and 2018 respectively)

-

-

-

29,037

34,120

6,689

5,517

7,963

8,059

3,739

3,760

Direct costslease pool depreciation

-

-

-

-

-

34,399

29,412

33,405

27,400

21,354

17,712

Equipment sales

590

2,817

7,742

5,805

1,654

1,891

3,591

-

-

-

-

Cost of lease pool equipment sales

-

-

-

-

-

-

-

6,043

1,580

1,130

2,566

Cost of Seamap and other equipment sales

-

-

-

-

-

-

-

19,861

18,043

18,498

13,009

Total cost of sales

26,054

31,202

42,192

48,413

49,150

59,892

60,093

67,272

55,082

44,721

37,047

Gross Profit

16,621

11,740

6,084

-7,414

2,669

23,254

32,015

37,413

57,752

26,642

18,125

Operating expenses:
Selling, general and administrative

-

-

-

-

-

24,958

23,669

22,539

21,354

16,755

14,977

Selling, general and administrative

19,716

20,905

19,663

19,753

18,035

-

-

-

-

-

-

Research and development

1,850

1,159

1,502

974

931

-

-

-

-

-

-

Provision for doubtful accounts

2,000

200

1,013

750

2,201

2,850

1,048

-428

615

1,795

1,378

Contract settlement

-

-

-

-

2,142

-

-

-

-

-

-

Impairment of intangible assets

760

0

1,466

0

3,609

-

-

-

-

-

-

Depreciation and amortization

2,670

2,496

2,148

2,399

2,511

2,191

1,493

1,400

1,239

1,171

899

Total operating expenses

26,996

24,760

25,792

23,876

29,429

29,999

26,210

23,511

23,208

19,721

17,254

Operating Income (Loss)

-10,375

-13,020

-19,708

-31,290

-26,760

-6,745

5,805

13,902

34,544

6,921

871

Other income (expense):
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

0

-5,405

0

0

-

-

-

-

-

-

-

Reserve against non-current prepaid income taxes

0

-1,211

0

0

-

-

-

-

-

-

-

Interest Income (Expense), Net

-46

72

47

-643

-725

-

-

-

-

-

-

Gain from bargain purchase in business combination

-

-

-

-

-

-

-

-

-

1,304

-

Interest income

-

-

-

-

-

229

304

544

344

283

214

Interest expense

-

-

-

-

-

902

314

533

740

756

629

Other, net

12

-24

-498

594

-274

-2,768

231

-389

182

-958

183

Total other expense

-34

-6,568

-451

-49

-999

-3,441

221

-378

-214

-127

-232

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-10,409

-19,588

-20,159

-31,339

-27,759

-10,186

6,026

-

-

-

-

(Loss) income before income taxes

-

-

-

-

-

-

-

13,524

34,330

6,794

639

Income Tax Expense (Benefit)

878

252

910

1,814

10,977

-994

1,258

-3,527

10,009

2,065

119

Net Income (Loss) Attributable to Parent

-11,287

-19,840

-21,069

-33,153

-38,736

-9,192

4,768

17,051

24,321

4,729

520

Preferred stock dividends

2,050

1,708

905

486

0

-

-

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

-13,337

-21,548

-21,974

-33,639

-38,736

-9,192

-

-

-

-

-

Net loss per common share:
Earnings Per Share, Basic

-1.10

-1.78

-1.82

-2.79

-3.22

-0.74

0.37

1.34

2.13

0.48

0.05

Earnings Per Share, Diluted

-1.10

-1.78

-1.82

-2.79

-3.22

-0.74

0.36

1.29

2.02

0.46

0.05

Shares used in computing loss per common share:
Basic (in shares)

12,143

12,105

12,084

12,070

12,041

12,479

12,763

12,715

11,432

9,870

9,799

Diluted (in shares)

12,143

12,105

12,084

12,070

12,041

12,479

13,177

13,242

12,069

10,181

9,963