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Independence Contract Drilling Inc. $6.20($.28)(4.32%)

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Income Statement for Independence Contract Drilling Inc.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $203.60 $142.61 $90.01
Cost of Goods Sold $144.91 $95.22 $67.73
Gross Profit $58.69 $47.39 $22.27
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $59.82 $28.84 $17.46
Income Before Depreciation ($1.13) $18.55 $4.82
       
Depreciation, Depletion, Amortization $45.37 $30.89 $25.84
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $14.42 $7.56 $2.98
Pretax Income ($60.91) ($19.90) ($24.01)
       
Provision for Income Taxes ($0.12) $0.09 $0.29
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 ($60.79) ($19.99) ($24.30)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($60.79) ($19.99) ($24.30)
       
Basic Earnings Per Share ($16.20) ($8.40) ($12.80)
Diluted Earnings Per Share ($16.20) ($8.40) ($12.80)
       
Weighted Average Basic Shares Outstanding 3.77 2.38 1.89
Weighted Average Diluted Shares Outstanding 3.77 2.38 1.89
       
Income Before Non-Recurring Items ($18.10) ($8.25) ($20.05)
Income From Non-Recurring Items ($42.69) ($11.74) ($4.25)
Diluted Earnings Per Share before extras ($4.80) ($3.40) ($10.60)
       
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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