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Nordic American Tankers Limited$3.64($.21)(5.45%)

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Income Statement for Nordic American Tankers Limited
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $317.22 $289.02 $297.14
Cost of Goods Sold $207.80 $245.42 $230.13
Gross Profit $109.42 $43.59 $67.01
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $13.48 $14.90 $142.03
Income Before Depreciation $95.94 $28.70 ($75.02)
       
Depreciation, Depletion, Amortization $63.97 $60.70 $100.67
Non-Operating Income ($3.86) ($21.01) ($0.30)
Interest Expense $38.39 $34.55 $20.46
Pretax Income ($10.28) ($87.56) ($196.45)
       
Provision for Income Taxes $0.07 $0.08 $0.08
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 ($7.67) ($8.44)
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($10.35) ($95.31) ($204.97)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($10.35) ($95.31) ($204.97)
       
Basic Earnings Per Share ($0.07) ($0.67) ($1.97)
Diluted Earnings Per Share ($0.07) ($0.67) ($1.97)
       
Weighted Average Basic Shares Outstanding 142.57 141.97 103.83
Weighted Average Diluted Shares Outstanding 147.23 141.97 103.83
       
Income Before Non-Recurring Items ($10.35) ($86.52) ($73.47)
Income From Non-Recurring Items $0.00 ($8.79) ($2.04)
Diluted Earnings Per Share before extras ($0.07) ($0.61) ($0.71)
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $14.72 $9.94 $82.23
Dividend Per Share (common) $0.10 $0.07 $0.58




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