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Nordic American Tankers Limited$3.99$.051.27%

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Income Statement for Nordic American Tankers Limited
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $289.02 $297.14 $357.45
Cost of Goods Sold $245.42 $230.13 $206.25
Gross Profit $43.59 $67.01 $151.20
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $14.90 $142.03 $6.97
Income Before Depreciation $28.70 ($75.02) $144.23
       
Depreciation, Depletion, Amortization $60.70 $100.67 $90.89
Non-Operating Income ($21.01) ($0.30) ($46.53)
Interest Expense $34.55 $20.46 $11.17
Pretax Income ($87.56) ($196.45) ($4.35)
       
Provision for Income Taxes $0.08 $0.08 $0.10
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) ($7.67) ($8.44) $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($95.31) ($204.97) ($4.46)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($95.31) ($204.97) ($4.46)
       
Basic Earnings Per Share ($0.67) ($1.97) ($0.05)
Diluted Earnings Per Share ($0.67) ($1.97) ($0.05)
       
Weighted Average Basic Shares Outstanding 141.97 103.83 92.53
Weighted Average Diluted Shares Outstanding 141.97 103.83 101.97
       
Income Before Non-Recurring Items ($86.52) ($73.47) $32.87
Income From Non-Recurring Items ($8.79) ($2.04) $0.00
Diluted Earnings Per Share before extras ($0.61) ($0.71) $0.36
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $9.94 $82.23 $139.70
Dividend Per Share (common) $0.07 $0.58 $1.37




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