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Independence Contract Drilling Inc. $1.12($.06)(5.08%)

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Income Statement for Independence Contract Drilling Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $142.61 $90.01 $70.06
Cost of Goods Sold $95.22 $67.73 $43.28
Gross Profit $47.39 $22.27 $26.79
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $28.84 $17.46 $21.91
Income Before Depreciation $18.55 $4.82 $4.88
       
Depreciation, Depletion, Amortization $30.89 $25.84 $23.81
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $7.56 $2.98 $3.05
Pretax Income ($19.90) ($24.01) ($21.98)
       
Provision for Income Taxes $0.09 $0.29 $0.20
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($19.99) ($24.30) ($22.18)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($19.99) ($24.30) ($22.18)
       
Basic Earnings Per Share ($0.42) ($0.64) ($0.67)
Diluted Earnings Per Share ($0.42) ($0.64) ($0.67)
       
Weighted Average Basic Shares Outstanding 47.58 37.76 33.12
Weighted Average Diluted Shares Outstanding 47.58 37.76 33.12
       
Income Before Non-Recurring Items ($8.25) ($20.05) ($14.43)
Income From Non-Recurring Items ($11.74) ($4.25) ($7.75)
Diluted Earnings Per Share before extras ($0.17) ($0.53) ($0.43)
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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