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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019 Quarters

 

    

First

    

Second

    

Third

    

Fourth

    

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

158,875

 

$

168,493

 

$

160,808

 

$

140,238

 

$

628,414

Income from operations

 

 

48,492

 

 

51,450

 

 

47,123

 

 

36,085

 

 

183,150

Net income

 

 

48,446

 

 

40,750

 

 

35,833

 

 

31,274

 

 

156,303

Less: net income attributable to non-controlling interest

 

 

21,639

 

 

19,342

 

 

16,494

 

 

13,216

 

 

70,691

Net income attributable to Cactus Inc.

 

 

26,807

 

 

21,408

 

 

19,339

 

 

18,058

 

 

85,612

Earnings per Class A share—basic

 

$

0.69

 

$

0.46

 

$

0.41

 

$

0.38

 

$

1.90

Earnings per Class A share—diluted

 

$

0.59

 

$

0.45

 

$

0.41

 

$

0.38

 

$

1.88

Dividends declared per common share

 

$

 —

 

$

 —

 

$

 —

 

$

0.09

 

$

0.09

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018 Quarters

 

    

First

    

Second

    

Third

    

Fourth

    

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

115,110

 

$

138,543

 

$

150,658

 

$

139,824

 

$

544,135

Income from operations

 

 

35,217

 

 

46,487

 

 

52,133

 

 

43,864

 

 

177,701

Net income

 

 

26,408

 

 

41,542

 

 

43,648

 

 

38,683

 

 

150,281

Less: pre-IPO net income attributable to Cactus LLC

 

 

13,648

 

 

 —

 

 

 —

 

 

 —

 

 

13,648

Less: net income attributable to non-controlling interest

 

 

9,007

 

 

29,208

 

 

24,976

 

 

21,759

 

 

84,950

Net income attributable to Cactus Inc.

 

 

3,753

 

 

12,334

 

 

18,672

 

 

16,924

 

 

51,683

Earnings per Class A share—basic

 

$

0.14

 

$

0.47

 

$

0.52

 

$

0.45

 

$

1.60

Earnings per Class A share—diluted

 

$

0.14

 

$

0.46

 

$

0.52

 

$

0.44

 

$

1.58