NATURAL GAS SERVICES GROUP, INC. NGS Income Statement

Natural gas services group, inc. (NGS)

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
Revenue:
Revenues
78,343	78,444	74,898	70,442	68,751	65,478	65,231	65,053	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental income
-	-	-	-	-	-	-	-	-	-	-	-	52,231	-	61,846	67,180	72,237	76,432	79,358	81,044	80,797	78,983	76,960	74,588	71,844	69,062	65,481	61,796	58,746	56,477	54,994	53,546	51,476	48,619	45,480	42,710	0	0	0
Sales
-	-	-	-	-	-	-	-	-	-	-	-	15,348	-	17,593	17,525	19,517	18,519	17,041	19,791	17,774	17,200	15,253	13,928	14,982	19,479	23,416	24,458	31,778	36,375	32,850	32,722	23,974	15,419	14,280	11,252	0	0	0
Service and maintenance income
-	-	-	-	-	-	-	-	-	-	-	-	1,401	-	1,267	1,013	1,000	968	866	836	822	791	802	765	761	707	757	825	805	870	975	962	1,030	1,120	998	996	0	0	0
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	68,980	-	80,706	85,718	92,754	95,919	97,265	101,671	99,393	96,974	93,015	89,281	87,587	89,248	89,654	87,079	91,329	93,722	88,819	87,230	76,480	65,158	60,758	54,958	0	0	0
Operating costs and expenses:
Cost of rentals, exclusive of depreciation stated separately below
29,260	27,583	25,477	24,540	23,376	21,860	20,166	19,136	18,196	18,160	17,988	18,168	19,324	20,350	22,306	25,120	26,717	28,750	29,769	30,552	31,293	31,522	32,313	31,652	30,161	29,017	26,977	25,424	25,040	23,737	23,128	22,854	21,889	20,742	19,081	17,251	0	0	0
Cost of sales, exclusive of depreciation stated separately below
14,137	16,097	14,876	13,567	14,072	12,564	13,813	13,969	12,790	16,022	15,170	14,124	12,615	11,124	14,286	13,835	14,752	13,633	12,177	13,930	11,875	11,297	9,472	8,433	8,935	11,582	14,508	15,180	21,143	25,816	23,021	23,126	16,201	9,194	8,618	6,524	0	0	0
Cost of service and maintenance, exclusive of depreciation stated separately below
608	630	582	525	467	385	363	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative expenses
10,379	10,710	10,379	9,941	9,568	9,096	8,988	8,975	9,056	10,081	9,965	9,726	9,488	9,011	9,680	10,246	10,970	10,989	10,605	10,465	10,279	10,334	9,978	9,593	8,938	8,141	7,801	7,617	7,929	7,893	7,609	7,219	6,334	5,910	5,775	5,729	0	0	0
Depreciation and amortization
23,931	23,268	22,835	22,504	22,270	22,080	21,730	21,514	21,375	21,316	21,383	21,494	21,621	21,796	21,889	22,052	22,473	22,758	22,931	22,865	22,253	21,507	20,634	19,758	18,948	18,144	17,469	16,797	16,158	15,707	15,287	14,852	14,489	13,994	13,261	12,621	0	0	0
Impairments
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of service and maintenance
-	-	-	-	-	-	-	-	-	-	-	400	381	-	439	387	345	272	210	241	282	328	380	359	360	344	308	316	329	354	415	419	414	458	466	526	0	0	0
Retirement of rental equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory allowance and retirement of rental equipment
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
93,624	93,597	89,050	71,077	69,753	65,985	65,325	64,205	62,031	66,222	65,419	64,457	63,974	63,224	68,600	71,637	79,627	80,772	80,062	82,426	75,982	74,988	72,777	69,795	67,342	67,228	67,063	65,334	70,599	73,507	69,460	68,470	59,327	50,298	47,201	42,651	0	0	0
Operating loss
-15,281	-15,153	-14,152	-635	-1,002	-507	653	1,290	1,478	1,471	2,317	3,547	5,006	8,430	12,106	14,081	13,127	15,147	17,203	19,245	23,411	21,986	20,238	19,486	20,245	22,020	22,591	21,745	20,730	20,215	19,359	18,760	17,153	14,860	13,557	12,307	0	0	0
Other income (expense):
Interest expense
14	15	71	71	70	69	13	16	15	14	13	8	8	8	8	13	14	15	14	11	11	10	21	20	28	56	48	53	45	18	21	24	49	55	88	130	0	0	0
Other (expense) income, net
121	611	572	663	560	182	240	49	-26	50	20	37	27	43	87	97	109	132	66	177	219	182	339	333	218	548	343	181	310	14	168	171	155	824	772	872	0	0	0
Total other (expense) income, net
107	596	501	592	490	113	227	33	-41	36	7	29	19	35	79	84	95	117	52	166	208	172	318	313	190	492	295	128	265	-4	147	147	106	769	684	742	0	0	0
(Loss) income before provision for income taxes
-15,174	-14,557	-13,651	-43	-512	-394	880	1,323	1,437	1,507	2,324	3,576	5,025	8,465	12,185	14,165	13,222	15,264	17,255	19,411	23,619	22,158	20,556	19,799	20,435	22,512	22,886	21,873	20,995	20,211	19,506	18,907	17,259	15,629	14,241	13,049	0	0	0
(Provision for) benefit from income taxes:
Income tax benefit (expense)
-5,294	-693	-916	224	81	72	-18,473	-18,316	-18,330	-18,287	15	280	845	1,996	3,599	4,526	4,228	5,117	6,381	7,216	8,653	8,030	7,274	7,006	7,183	8,122	8,083	7,858	7,824	7,526	7,368	7,144	6,488	5,869	5,352	4,847	0	0	0
Net income
-9,880	-13,864	-12,735	-267	-593	-466	19,353	19,639	19,767	19,794	2,309	3,296	4,180	6,469	8,586	9,639	8,994	10,147	10,874	12,195	14,966	14,128	13,282	12,793	13,252	14,390	14,803	14,015	13,171	12,685	12,138	11,763	10,771	9,760	8,889	8,202	0	0	0
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
59,414	56,701	54,222	51,827	49,682	47,766	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
Revenues
17,088	19,763	18,757	16,827	17,396	16,269	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service and maintenance
Revenues
1,841	1,980	1,919	1,788	1,673	1,443	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income, net
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) Income before provision for income taxes
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental
Total operating costs and expenses
-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income, net
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) Income before provision for income taxes
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-