TRECORA RESOURCES TREC Income Statement

Trecora resources (TREC)

Income statement / Quarterly

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
REVENUES
REVENUES
62,067	-	62,715	69,371	65,155	-	73,416	68,106	71,741	-	61,508	62,115	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Petrochemical and Product Sales
-	-	-	-	-	-	-	-	-	-	-	-	50,899	-	52,115	44,366	47,181	57,541	63,190	56,665	50,541	70,349	75,283	72,842	62,392	64,907	59,354	54,762	51,620	48,831	53,181	60,671	55,829	60,183	60,078	41,576	32,783	35,572	35,380
Processing Fees
-	-	-	-	-	-	-	-	-	-	-	-	4,643	-	5,027	4,488	5,019	3,004	3,748	2,685	4,602	3,724	1,634	1,711	1,708	1,730	1,516	1,213	1,125	1,105	1,097	1,178	966	1,295	1,467	1,162	973	1,277	1,161
Transloading sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	199	0
Total Revenues
-	-	-	-	-	-	-	-	-	-	-	-	55,542	-	57,142	48,854	52,200	60,545	66,938	59,350	55,143	74,073	76,917	74,553	64,100	66,637	60,870	55,975	52,745	49,936	54,278	61,849	56,795	61,478	61,545	42,738	33,756	37,049	36,542
OPERATING COSTS AND EXPENSES
Cost of sales and processing (including depreciation and amortization of $3,952 and $4,229, respectively)
53,989	53,408	53,148	58,806	55,082	71,975	66,574	59,964	61,601	56,012	51,638	51,008	44,924	46,551	48,237	37,280	40,429	49,288	50,903	44,756	40,020	64,028	63,873	62,853	55,386	56,818	50,772	47,408	46,066	43,030	45,511	53,482	50,077	51,317	52,329	39,490	30,464	31,632	32,824
GROSS PROFIT
8,078	8,310	9,567	10,565	10,073	2,694	6,842	8,142	10,140	9,966	9,870	11,107	10,618	7,652	8,905	11,574	11,771	11,257	16,035	14,594	15,123	10,045	13,044	11,700	8,714	9,819	10,098	8,567	6,679	6,906	8,767	8,367	6,718	10,161	9,216	3,248	3,292	5,417	3,717
GENERAL AND ADMINISTRATIVE EXPENSES
General and administrative
6,674	5,870	6,401	6,081	6,034	5,316	6,327	4,554	6,335	4,793	5,660	5,740	6,221	4,909	4,585	5,491	5,449	5,142	4,778	4,933	5,390	4,626	4,217	4,290	4,328	4,436	3,540	3,583	3,634	4,172	3,248	2,771	3,111	3,763	3,163	2,708	2,620	2,639	3,179
General and Administrative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,175	-	4,086	4,154	4,189	4,304	3,411	3,452	3,505	4,027	3,122	2,646	2,987	3,643	3,039	2,588	2,508	2,530	3,070
Depreciation
216	211	208	208	213	148	205	191	196	217	245	205	205	205	192	187	177	146	194	170	215	154	131	136	139	132	129	131	129	145	126	125	124	120	124	120	112	108	109
GENERAL AND ADMINISTRATIVE EXPENSES
6,890	30,233	6,609	6,289	6,247	7,811	6,532	4,745	6,531	-	5,905	5,945	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GENERAL AND ADMINISTRATIVE EXPENSES
6,890	30,233	6,609	6,289	6,247	7,811	6,532	4,745	6,531	5,010	5,905	5,945	6,426	5,114	4,777	5,678	5,626	-	4,972	5,103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING INCOME
1,188	-21,923	2,958	4,276	3,826	-5,117	310	3,397	3,609	4,956	3,965	5,162	4,192	2,538	4,128	5,896	6,145	5,754	11,063	9,491	9,733	4,859	8,827	7,410	4,386	5,383	6,558	4,984	3,045	2,734	5,519	5,596	3,607	6,398	6,053	540	672	2,778	537
OTHER INCOME (EXPENSE)
Interest income
0	-	0	0	5	-	5	14	7	-	0	0	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	8	9	9	-	4	0	1	-	2	0	0	0	0	3	1	2	5
Interest expense
916	1,028	1,211	1,401	1,499	1,483	924	815	878	822	795	678	636	182	568	607	628	499	535	570	613	873	70	-11	110	139	141	123	117	112	120	150	165	185	191	157	166	275	258
Gain (Loss) on Extinguishment of Debt
-	-	0	-	-	-	-315	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses on cash flow hedge reclassified from OCI
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-188	-60	-63	-67	-	-73	-80	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Bargain Purchase, Gain Recognized, Amount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	11,549	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses on Cash Flow Hedge Reclassified from OCI
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-78	-	-90	-92	-94	-98	-103	-106	-107	-	-
Equity in (losses) earnings of AMAK
-	-	-	-91	-	-	-	228	230	-	-897	-3,298	-966	-3,740	-2,089	-1,017	5,367	-	-2,054	-369	-	-	-	-	-	-	-	-	2,964	-	-528	-302	-213	-	-	-	-	0	-262
Gain from Additional Equity Issuance by AMAK
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from Additional Equity Issuance by AMAK
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in Earnings of AMAK
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59	-	-343	6	-350	-	1,302	4,732	-	-	-	-	-	-	-	-	-	-	-
Miscellaneous income (expense), net
-62	-98	74	284	-28	-91	-28	-13	-26	-16	22	-22	-44	-62	-72	123	-17	-137	7	-33	26	-225	2	-4	-45	-60	-57	-69	-18	-24	-15	-2	-73	-11	-10	-2	26	-5	-7
OTHER INCOME (EXPENSE)
-978	-1,720	-1,137	-1,208	-1,522	-2,058	-1,262	-586	-667	4,321	-1,670	-3,998	-1,644	-3,988	439	10,048	4,726	-3,603	-2,582	-972	-522	-1,697	-463	-41	-563	-572	1,035	4,460	2,752	611	-751	-546	-545	7,538	-304	-262	-246	-278	-523
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
210	-23,643	1,821	3,068	2,304	-7,175	-952	2,811	2,942	9,277	2,295	1,164	2,548	-1,450	4,567	15,944	10,871	2,151	8,481	8,519	9,211	3,162	8,364	7,369	3,823	4,811	7,593	9,444	5,797	3,345	4,768	5,050	3,062	13,936	5,749	278	426	2,500	14
INCOME TAX EXPENSE (BENEFIT)
-5,653	-4,962	238	664	494	-1,596	-236	596	590	-8,198	577	332	1,061	-603	1,768	5,692	3,647	1,029	3,163	2,145	3,427	964	2,590	2,369	1,224	1,629	2,372	3,135	1,011	1,495	1,764	1,578	1,067	4,405	1,812	119	169	829	12
INCOME FROM CONTINUING OPERATIONS
5,863	-	1,583	-	1,810	-	-716	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX
4,857	-	-1,002	-	-59	-	-893	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME
-	-	-	2,404	-	-	-	2,215	2,352	-	1,718	832	1,487	-	2,799	10,252	7,224	1,122	5,318	6,374	5,784	2,198	5,774	5,000	2,599	3,182	5,221	6,309	4,786	1,850	3,004	3,472	1,995	9,531	3,937	159	257	1,670	1
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST
-	-	-	0	-	-	-	0	0	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
NET INCOME
10,720	-19,710	581	2,404	1,751	-5,290	-1,609	2,215	2,352	13,972	1,718	832	1,487	-847	2,799	10,252	7,224	1,122	5,318	6,374	5,784	2,198	5,774	5,000	2,599	3,182	5,221	6,309	4,786	1,850	3,004	3,472	1,995	9,531	3,937	159	257	1,670	1
Basic Earnings per Common Share
Net income from continuing operations (in dollars per share)
0.24	-	0.06	-	0.07	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income from discontinued operations, net of tax (in dollars per share)
0.20	-	-0.04	-	0.00	-	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (in dollars per share)
0.44	-0.80	0.02	0.10	0.07	-0.22	-0.07	0.09	0.10	0.58	0.07	0.03	0.06	-0.04	0.12	0.42	0.30	0.04	0.22	0.26	0.24	0.08	0.24	0.21	0.11	0.13	0.22	0.26	0.20	0.08	0.13	0.14	0.08	-	0.16	0.01	-	-	0.00
Basic weighted average number of common shares outstanding (in shares)
24,765	24,726	24,717	24,696	24,653	24,556	24,483	24,370	24,343	24,376	24,304	24,256	24,240	24,225	24,223	24,204	24,484	24,448	24,369	24,354	24,309	24,261	24,175	24,165	24,151	24,129	24,116	24,110	24,105	24,106	24,091	24,084	24,043	24,004	23,990	23,990	23,988	23,750	23,750
Diluted Earnings per Common Share
Net income from continuing operations (in dollars per share)
0.23	-	0.06	-	0.07	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income from discontinued operations, net of tax (in dollars per share)
0.19	-	-0.04	-	0.00	-	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (in dollars per share)
0.42	-0.80	0.02	0.10	0.07	-0.21	-0.07	0.09	0.09	0.56	0.07	0.03	0.06	-0.03	0.11	0.41	0.29	0.05	0.21	0.25	0.23	0.10	0.23	0.20	0.10	0.13	0.21	0.26	0.19	0.08	0.12	0.14	0.08	0.39	0.16	0.01	0.01	0.07	0.00
Net Income attributable to Arabian American Development Company (in dollars per share)
0.42	-0.80	0.02	0.10	0.07	-0.21	-0.07	0.09	0.09	0.56	0.07	0.03	0.06	-	0.11	0.41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.16	0.01	0.01	0.07	0.00
Diluted weighted average number of common shares outstanding (in shares)
25,276	23,621	25,053	25,091	25,027	22,332	25,175	25,014	25,231	25,271	25,157	25,034	25,054	25,037	24,921	24,885	25,085	25,197	25,228	25,155	25,144	24,973	24,880	24,813	24,918	24,888	24,782	24,652	24,658	24,489	24,753	24,761	24,977	23,231	24,542	24,579	24,716	23,750	23,750
Product sales
REVENUES
57,183	-	59,111	65,329	61,493	-	68,613	63,569	66,699	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Processing fees
REVENUES
4,884	-	3,604	4,042	3,662	-	4,803	4,537	5,042	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-