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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Equipment rentals and services $ 92,547 $ 85,698 $ 272,402 $ 312,132
Products 15,536 19,416 64,071 67,414
Total revenue 108,083 105,114 336,473 379,546
Cost of revenues, exclusive of depreciation and amortization        
Equipment rentals and services 60,981 57,307 178,865 189,965
Products 10,750 16,029 45,162 51,446
General and administrative expenses 39,963 39,677 125,107 138,586
Depreciation and amortization 30,650 26,545 92,700 84,278
Severance and other charges 1,648 14,534 2,386 18,858
Gain on sale of assets (829) (46) (2,091) (1,095)
Operating loss (35,080) (48,932) (105,656) (102,492)
Other income (expense):        
Derecognition of the tax receivable agreement liability 122,515 0 122,515 0
Other income (expense), net (384) 984 348 2,145
Interest income, net 1,019 646 2,170 1,050
Mergers and acquisition expense 0 0 (459) 0
Foreign currency gain (loss) 1,839 (1,696) 3,184 (5,907)
Total other income (expense) 124,989 (66) 127,758 (2,712)
Income (loss) before income tax expense (benefit) 89,909 (48,998) 22,102 (105,204)
Income tax expense (benefit) 87,613 (6,800) 72,419 (15,311)
Net income (loss) 2,296 (42,198) (50,317) (89,893)
Net loss attributable to noncontrolling interest 0 (5,216) 0 (20,741)
Net income (loss) attributable to Frank's International N.V. 2,296 (36,982) (50,317) (69,152)
Preferred stock dividends 0 0 0 (1)
Net income (loss) available to Frank's International N.V. common shareholders $ 2,296 $ (36,982) $ (50,317) $ (69,153)
Dividends per common share (in dollars per share) $ 0.075 $ 0.075 $ 0.225 $ 0.375
Income (loss) per common share:        
Basic (in dollars per share) 0.01 (0.21) (0.23) (0.43)
Diluted (in dollars per share) $ 0.01 $ (0.21) $ (0.23) $ (0.43)
Weighted average common shares outstanding:        
Basic (in shares) 223,056 177,125 222,847 162,656
Diluted (in shares) 223,581 177,125 222,847 162,656