Otelco inc. (OTEL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues

62,766

66,068

68,526

68,944

71,102

73,870

78,972

98,404

101,843

104,400

103,755

Operating expenses
Cost of services

30,075

30,592

31,395

31,875

-

-

-

-

-

-

-

Cost of services

-

-

-

-

33,123

35,516

37,200

42,232

43,996

41,286

41,178

Selling, general and administrative expenses

10,204

10,451

10,147

10,234

9,846

10,913

10,489

14,013

12,984

13,074

14,164

Depreciation and amortization

7,643

7,232

7,377

8,022

8,878

10,583

12,632

19,277

20,233

23,670

26,485

Total operating expenses

47,922

48,275

48,919

50,131

-

-

-

-

-

-

-

Long-lived assets impairment - property and equipment

-

-

-

-

-

-

-

2,874

-

-

-

Long-lived assets impairment - intangibles

-

-

-

-

-

-

-

5,748

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

143,654

-

-

-

Total operating expenses

-

-

-

-

51,847

57,012

60,321

227,798

77,213

78,031

81,828

Income from operations

14,844

17,793

19,607

18,813

19,255

16,858

18,651

-129,394

24,630

26,368

21,926

Other income (expense)
Interest expense

5,271

5,844

13,249

10,634

7,894

8,854

12,673

22,932

24,776

24,746

25,416

Loss on debt prepayment penalty

-

-

-2,303

-

0

-

-

-

-

-

-

Change in fair value of derivatives

-

-

-

-

-

-

-

241

2,230

-878

-

Change in fair value of derivatives

-

-

-

-

-

-

-

-

-

-

-1,354

Other income

616

263

204

625

1,067

210

275

317

363

556

359

Total other expense

-4,655

-5,581

-15,348

-10,009

-6,827

-8,644

-12,398

-22,374

-22,183

-25,068

-26,411

Income before reorganization items and income tax

-

-

-

-

-

-

6,253

-151,768

2,447

-

-

Reorganization items

-

-

-

-

-

-

-109,258

-

-

-

-

Income before income tax expense

10,189

12,212

4,259

8,804

12,428

8,214

115,511

-151,768

2,447

1,300

-4,484

Income tax expense

2,393

2,745

-7,856

3,658

4,944

3,185

6,367

-24,868

250

609

-1,366

Net income

7,796

9,467

12,115

5,146

7,484

-

-

-

-

-

-

Net income

-

-

-

-

-

5,029

109,144

-126,900

2,197

690

-3,117

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

3,412

3,388

3,346

3,283

3,239

3,103

2,921

2,644

2,644

12,985

12,676

Diluted (in shares)

3,430

3,434

3,445

3,404

3,313

3,168

2,921

2,644

-

13,221

13,221

Basic net income per common share (in dollars per share)

2.28

2.79

3.62

1.57

2.31

1.62

37.36

-47.99

0.83

0.05

-0.25

Diluted net income per common share (in dollars per share)

2.27

2.76

3.52

1.51

2.26

1.59

37.36

-47.99

-

0.05

-0.25

Dividends declared per common share (in Dollars per share)

-

-

-

-

-

-

-

0.18

0.71

0.71

0.71