Cactus, inc. (WHD)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18
Revenues
Total revenues

154,139

140,238

160,808

168,493

158,875

139,824

150,658

138,543

115,110

Costs and expenses
Selling, general and administrative expenses

13,662

12,389

13,348

13,252

12,668

10,513

11,051

9,851

9,114

Severance expenses

1,007

-

-

-

-

-

-

-

-

Total costs and expenses

113,954

104,153

113,685

117,043

110,383

95,960

98,525

92,056

79,893

Income from operations

40,185

36,085

47,123

51,450

48,492

43,864

52,133

46,487

35,217

Interest income (expense), net

410

390

373

93

23

-225

-270

-248

-2,852

Other income (expense), net

-

4,778

558

0

-1,042

0

0

0

-4,305

Income before income taxes

40,595

41,253

48,054

51,543

47,473

43,639

51,863

46,239

28,060

Income tax expense

7,497

9,979

12,221

10,793

-973

4,956

8,215

4,697

1,652

Net income

33,098

31,274

35,833

40,750

48,446

-

43,648

41,542

-

Net income

-

-

-

-

-

-

43,648

41,542

26,408

Less: pre-IPO net income attributable to Cactus LLC

-

-

-

-

-

0

0

0

13,648

Less: net income attributable to non-controlling interest

14,115

13,216

16,494

19,342

21,639

21,759

24,976

29,208

9,007

Net income attributable to Cactus Inc.

18,983

18,058

19,339

21,408

26,807

16,924

18,672

12,334

3,753

Earnings per Class A share - basic

-

-

-

-

-

-

-

-

0.14

Earnings per Class A share - diluted

-

-

-

-

-

-

-

-

0.14

Weighted average Class A shares outstanding - diluted

-

-

-

-

-

-

-

-

26,648

Product revenue
Total revenues

87,031

83,371

92,582

94,494

86,640

78,901

79,388

73,281

58,926

Cost of revenue

56,135

52,312

57,768

57,517

53,018

45,778

46,816

45,015

37,066

Rental revenue
Total revenues

36,163

28,215

35,528

39,576

38,497

31,194

38,135

34,944

29,145

Cost of revenue

19,339

15,394

17,194

19,450

17,791

13,538

15,349

13,952

12,176

Field service and other revenue
Total revenues

30,945

28,652

32,698

34,423

33,738

29,729

33,135

30,318

27,039

Cost of revenue

23,811

24,058

25,375

26,824

26,906

26,131

25,309

23,238

21,537

Class A Common Stock
Earnings per Class A share - basic

0.40

0.34

0.41

0.46

0.69

0.47

0.52

0.47

0.14

Earnings per Class A share - diluted

0.40

0.43

0.41

0.45

0.59

0.46

0.52

0.46

0.14

Weighted average Class A shares outstanding - basic

47,270

47,237

47,095

46,881

38,719

40,595

35,821

26,450

26,450

Weighted average Class A shares outstanding - diluted

75,395

131,699

47,322

47,145

75,246

41,124

36,229

26,779

26,648