Usa compression partners, lp (USAC)
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'12
Revenues:
Contract operations

172,794

171,052

166,197

162,937

163,976

156,255

158,664

155,261

76,716

65,606

62,645

60,663

60,432

59,605

60,282

62,785

64,278

66,002

68,227

65,552

64,035

60,046

55,293

52,678

49,344

47,395

37,925

33,144

31,896

31,087

30,379

28,355

26,551

Parts and service

3,048

2,692

4,460

4,400

2,684

6,293

6,012

7,074

1,023

-1,670

4,061

2,094

5,600

15,308

848

726

2,089

2,613

2,313

838

965

950

1,752

588

858

1,247

437

166

708

684

642

515

572

Related party

3,157

4,444

5,099

6,338

4,086

-

4,271

4,563

-

-

4,383

4,615

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

178,999

178,188

175,756

173,675

170,746

170,768

168,947

166,898

77,739

72,178

71,089

67,372

66,032

74,913

61,130

63,511

66,367

68,615

70,540

66,390

65,000

60,996

57,045

53,266

50,202

48,642

38,362

33,310

32,604

31,771

31,021

28,870

27,124

Costs and expenses:
Cost of operations, exclusive of depreciation and amortization

59,165

56,610

57,423

56,245

57,025

67,339

64,309

57,533

25,543

40,668

31,667

30,347

22,522

29,793

18,885

18,654

20,829

21,330

21,919

19,079

19,211

18,891

19,430

17,997

17,717

15,624

11,922

10,131

10,420

9,868

9,784

9,122

9,021

Selling, general and administrative

12,385

15,561

16,631

16,210

15,995

-9,430

17,753

27,177

33,495

721

6,766

6,334

11,123

10,987

12,577

11,180

9,739

10,520

10,351

10,350

9,729

9,620

10,443

10,186

8,469

8,831

8,313

5,548

4,895

5,341

4,509

4,724

3,693

Depreciation and amortization

58,762

58,227

57,513

56,783

58,924

76,309

59,403

52,868

25,112

59,149

42,535

40,723

24,151

23,636

23,195

23,412

22,094

21,640

21,360

21,507

20,731

19,631

18,261

17,044

16,220

15,689

13,377

12,173

11,678

11,289

10,929

10,232

9,428

Loss (gain) on disposition of assets

1,014

-1,329

1,975

-1,546

-40

-11,307

-1,250

-731

324

349

-521

295

244

23

155

-1,072

122

1,742

-920

23

195

5

-63

2,520

-229

-231

52

-130

25

-9

-53

-42

-160

Impairment of compression equipment

0

2,660

0

0

3,234

-

2,300

0

-

-

-

-

1,112

-

3,441

693

-

-

443

26,829

-

-

1,163

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

619,400

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

748,709

134,387

129,592

130,784

135,218

151,899

145,007

138,309

83,826

322,077

81,489

77,109

58,664

66,019

57,943

55,011

52,540

223,939

54,993

77,742

49,476

49,240

49,360

42,707

42,635

40,578

33,560

27,982

26,968

26,509

25,275

24,121

22,304

Operating income (loss)

-569,710

43,801

46,164

42,891

35,528

18,869

23,940

28,589

-6,087

-249,899

-10,400

-9,737

7,368

8,894

3,187

8,500

13,827

-155,324

15,547

-11,352

15,524

11,756

7,685

10,559

7,567

8,064

4,802

5,328

5,636

5,261

5,746

4,748

4,819

Other income (expense):
Interest expense, net

32,478

32,984

32,626

32,679

28,857

18,033

25,443

25,682

9,219

-

-

-

5,674

5,611

5,275

5,139

5,062

4,531

4,665

4,415

3,994

3,260

2,677

3,043

3,549

3,524

3,029

2,871

3,064

4,267

4,389

3,714

3,533

Other

23

27

21

12

20

-6

22

19

6

-157

-51

-22

7

5

16

7

7

6

6

5

5

-

5

2

-

1

2

2

4

4

8

11

4

Total other expense

-32,455

-32,957

-32,605

-32,667

-28,837

-18,039

-25,421

-25,663

-9,213

5,517

-51

-22

-5,667

-5,606

-5,259

-5,132

-5,055

-4,525

-4,659

-4,410

-3,989

-3,256

-2,672

-3,041

-3,549

-3,523

-3,027

-2,869

-3,060

-4,263

-4,381

-3,703

-3,529

Net income (loss) before income tax expense

-602,165

10,844

13,559

10,224

6,691

830

-1,481

2,926

-15,300

-244,382

-10,451

-9,759

1,701

3,288

-2,072

3,368

8,772

-159,849

10,888

-15,762

11,535

8,500

5,013

7,518

4,018

4,541

1,775

2,459

2,576

998

1,365

1,044

1,290

Income tax expense

296

1,563

244

275

104

-1,355

-918

-271

70

-166

1,904

-44

149

19

74

94

234

-219

1,083

142

79

0

0

0

103

104

63

58

55

52

48

47

48

Net income (loss)

-602,461

9,281

13,315

9,949

6,587

2,185

-563

3,197

-15,370

-244,216

-12,355

-9,715

1,552

3,269

-2,146

3,274

8,538

-159,630

9,805

-15,904

11,456

8,500

5,013

7,518

3,915

3,902

1,712

2,401

2,521

946

1,317

996

1,242

Less: distributions on Preferred Units

12,187

12,187

12,188

12,188

12,187

-

12,188

12,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common and Class B unitholders’ interests

-614,648

-2,906

1,127

-2,239

-5,600

-

-12,751

-8,857

-

-

-12,355

-9,715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to:
General partners interest in net income (loss)

-

-

-

-

-

-

-

-

-773

-

-

-

353

333

272

345

414

-2,253

411

-7

372

293

194

188

85

124

34

48

5

9

13

9

12

Common units and Class B units

-

-

-

-

-

-

-

-

-14,597

-

-

-

1,199

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

530

937

1,304

986

1,230

Net Income (Loss) Subsequent to Initial Public Offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,401

1,986

-

-

-

-

Weighted average units outstanding:
Distributions declared per common unit (USD per share)

0.52

0.52

0.52

0.52

0.52

0.00

0.52

0.52

0.52

-

-

-

0.52

0.52

0.52

0.52

0.52

0.52

0.52

0.52

0.51

0.51

0.50

0.50

0.49

-

0.44

0.34

-

-

-

-

-

Common units
Common units and Class B units

-614,648

-2,817

2,084

1,047

-2,088

-

-8,768

-5,131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common units outstanding - basic (in units)

96,707

-

94,625

90,209

90,060

-

89,973

89,906

-

-

-

-

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common units outstanding - diluted (in units)

96,707

-

94,846

90,421

90,060

-

89,973

89,906

-

-

-

-

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net loss per common unit and Class B Unit (in dollars per unit)

-6.36

-0.03

0.02

0.01

-0.02

-

-0.10

-0.06

-

-

-

-

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Units
Common units and Class B units

0

-89

-957

-3,286

-3,512

-

-3,983

-3,726

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common and Class B Units outstanding - basic and diluted (in units)

0

-89

2,017

6,398

6,398

-

6,398

6,398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net loss per common unit and Class B Unit (in dollars per unit)

0.00

-0.60

-0.47

-0.51

-0.55

-

-0.62

-0.58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-