Natural gas services group, inc. (NGS)
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'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue:
Revenues

17,890

19,706

20,852

19,895

17,991

16,160

16,396

18,204

14,718

-

15,913

16,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental income

-

-

-

-

-

-

-

-

-

-

-

-

11,922

-

13,157

14,655

16,408

17,626

18,491

19,712

20,603

20,552

20,177

19,465

18,789

18,529

17,805

16,721

16,007

14,948

14,120

13,671

13,738

13,465

12,672

11,601

10,881

10,326

9,902

Sales

-

-

-

-

-

-

-

-

-

-

-

-

6,637

-

2,536

2,300

4,910

7,847

2,468

4,292

3,912

6,369

5,218

2,275

3,338

4,422

3,893

3,329

7,835

8,359

4,935

10,649

12,432

4,834

4,807

1,901

3,877

3,695

1,779

Service and maintenance income

-

-

-

-

-

-

-

-

-

-

-

-

343

-

488

239

258

282

234

226

226

180

204

212

195

191

167

208

141

241

235

188

206

346

222

256

296

224

220

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

18,902

-

16,181

17,194

21,576

25,755

21,193

24,230

24,741

27,101

25,599

21,952

22,322

23,142

21,865

20,258

23,983

23,548

19,290

24,508

26,376

18,645

17,701

13,758

15,054

14,245

11,901

Operating costs and expenses:
Cost of rentals, exclusive of depreciation stated separately below

7,897

8,704

6,300

6,359

6,220

6,598

5,363

5,195

4,704

4,904

4,333

4,255

4,668

4,732

4,513

5,411

5,694

6,688

7,327

7,008

7,727

7,707

8,110

7,749

7,956

8,498

7,449

6,258

6,812

6,458

5,896

5,874

5,509

5,849

5,622

4,909

4,362

4,188

3,792

Cost of sales, exclusive of depreciation stated separately below

1,739

3,589

4,390

4,419

3,699

2,368

3,081

4,924

2,191

3,617

3,237

3,745

5,423

2,765

2,191

2,236

3,932

5,927

1,740

3,153

2,813

4,471

3,493

1,098

2,235

2,646

2,454

1,600

4,882

5,572

3,126

7,563

9,555

2,777

3,231

638

2,548

2,201

1,137

Cost of service and maintenance, exclusive of depreciation stated separately below

125

160

164

159

147

112

107

101

65

-

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

2,162

2,744

2,791

2,682

2,493

2,413

2,353

2,309

2,021

2,305

2,340

2,390

3,046

2,189

2,101

2,152

2,569

2,858

2,667

2,876

2,588

2,474

2,527

2,690

2,643

2,118

2,142

2,035

1,846

1,778

1,958

2,347

1,810

1,494

1,568

1,462

1,386

1,359

1,522

Depreciation and amortization

6,240

6,141

5,867

5,683

5,577

5,708

5,536

5,449

5,387

5,358

5,320

5,310

5,328

5,425

5,431

5,437

5,503

5,518

5,594

5,858

5,788

5,691

5,528

5,246

5,042

4,818

4,652

4,436

4,238

4,143

3,980

3,797

3,787

3,723

3,545

3,434

3,292

2,990

2,905

Impairments

-

-

10,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of service and maintenance

-

-

-

-

-

-

-

-

-

-

-

104

94

-

122

85

111

121

70

43

38

59

101

84

84

111

80

85

68

75

88

98

93

136

92

93

137

144

152

Retirement of rental equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

4,373

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory allowance and retirement of rental equipment

-

-

4,862

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

18,163

21,746

34,413

19,302

18,136

17,199

16,440

17,978

14,368

16,539

15,320

15,804

18,559

15,736

14,358

15,321

17,809

21,112

17,395

23,311

18,954

20,402

19,759

16,867

17,960

18,191

16,777

14,414

17,846

18,026

15,048

19,679

20,754

13,979

14,058

10,536

11,725

10,882

9,508

Operating loss

-273

-2,040

-13,561

593

-145

-1,039

-44

226

350

121

593

414

343

967

1,823

1,873

3,767

4,643

3,798

919

5,787

6,699

5,840

5,085

4,362

4,951

5,088

5,844

6,137

5,522

4,242

4,829

5,622

4,666

3,643

3,222

3,329

3,363

2,393

Other income (expense):
Interest expense

3

3

4

4

4

59

4

3

3

3

7

2

2

2

2

2

2

2

7

3

3

1

4

3

2

12

3

11

30

4

8

3

3

7

11

28

9

40

53

Other (expense) income, net

-185

32

93

181

305

-7

184

78

-73

51

-7

3

3

21

10

-7

19

65

20

5

42

-1

131

47

5

156

125

-68

335

-49

-37

61

39

105

-34

45

708

53

66

Total other (expense) income, net

-188

29

89

177

301

-66

180

75

-76

48

-14

1

1

19

8

-9

17

63

13

2

39

-2

127

44

3

144

122

-79

305

-53

-45

58

36

98

-45

17

699

13

13

(Loss) income before provision for income taxes

-461

-2,011

-13,472

770

156

-1,105

136

301

274

169

579

415

344

986

1,831

1,864

3,784

4,706

3,811

921

5,826

6,697

5,967

5,129

4,365

5,095

5,210

5,765

6,442

5,469

4,197

4,887

5,658

4,764

3,598

3,239

4,028

3,376

2,406

(Provision for) benefit from income taxes:
Income tax benefit (expense)

-4,543

292

-1,240

197

58

69

-100

54

49

-18,476

57

40

92

-174

322

605

1,243

1,429

1,249

307

2,132

2,693

2,084

1,744

1,509

1,937

1,816

1,921

2,448

1,898

1,591

1,887

2,150

1,740

1,367

1,231

1,531

1,223

862

Net income

4,082

-2,303

-12,232

573

98

-1,174

236

247

225

18,645

522

375

252

1,160

1,509

1,259

2,541

3,277

2,562

614

3,694

4,004

3,883

3,385

2,856

3,158

3,394

3,844

3,994

3,571

2,606

3,000

3,508

3,024

2,231

2,008

2,497

2,153

1,544

Earnings per share:
Basic (in USD per share)

0.31

-0.18

-0.93

0.04

0.01

-0.10

0.02

0.02

0.02

1.45

0.04

0.03

0.02

0.09

0.12

0.10

0.20

0.26

0.20

0.05

0.30

0.33

0.31

0.27

0.23

0.25

0.28

0.31

0.33

0.29

0.21

0.25

0.29

0.25

0.18

0.16

0.21

0.18

0.13

Diluted (in USD per share)

0.30

-0.18

-0.93

0.04

0.01

-0.10

0.02

0.02

0.02

1.42

0.04

0.03

0.02

0.08

0.12

0.10

0.20

0.25

0.20

0.05

0.29

0.31

0.30

0.27

0.23

0.25

0.27

0.31

0.32

0.29

0.21

0.24

0.29

0.26

0.18

0.16

0.20

0.18

0.13

Weighted average shares outstanding:
Basic (in shares)

13,157

13,121

13,137

13,134

13,064

13,000

12,977

12,963

12,920

12,851

12,838

12,831

12,804

12,734

12,717

12,709

12,648

12,599

12,586

12,579

12,504

12,466

12,461

12,436

12,373

12,359

12,339

12,316

12,282

12,265

12,230

12,216

12,169

12,059

12,179

12,179

12,175

12,108

12,104

Diluted (in shares)

13,416

12,589

13,137

13,462

13,268

12,176

13,254

13,261

13,169

13,137

13,117

13,130

13,056

13,004

12,962

12,936

12,838

12,828

12,801

12,830

12,713

12,700

12,740

12,752

12,692

12,703

12,600

12,518

12,379

12,371

12,331

12,316

12,262

12,150

12,277

12,288

12,285

12,196

12,205

Rental [Member]
Revenues

16,100

15,308

14,434

13,572

13,387

12,829

12,039

11,427

11,471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales
Revenues

1,450

3,947

5,877

5,814

4,125

2,941

3,947

6,383

2,998

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service and maintenance
Revenues

340

451

541

509

479

390

410

394

249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

-

-

-

159

-

-

-

101

65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income, net

-

-

0

0

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) Income before provision for income taxes

-

-

377

350

-

-

303

293

184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental
Total operating costs and expenses

-

-

-

6,359

-

-

-

5,195

4,704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income, net

-

-

0

0

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) Income before provision for income taxes

-

-

5,635

7,213

-

-

6,676

6,232

6,767

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-