XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES:        
Revenue $ 120,898 $ 118,745 $ 236,198 $ 227,128
OPERATING EXPENSES:        
General and administrative expense, exclusive of depreciation expense shown below 6,847 9,670 19,392 18,131
Depreciation 4,189 4,576 8,573 9,209
Amortization 171 175 344 413
Other (income) expense, net 82 (2,317) 1,719 (3,038)
OPERATING INCOME (LOSS) 11,652 12,800 11,261 24,422
Interest expense 2,707 2,530 5,351 3,893
Income (loss) from continuing operations before income taxes 8,945 10,270 5,910 20,529
Income tax expense (benefit) 1,789 2,053 593 4,105
Income (loss) from continuing operations 7,156 8,217 5,317 16,424
Net income (loss) 7,156 8,217 5,317 16,424
Net income (loss) attributable to non-controlling interest 90 157 139 259
Net income (loss) attributable to Core Laboratories N.V. $ 7,066 $ 8,060 $ 5,178 $ 16,165
EARNINGS (LOSS) PER SHARE INFORMATION:        
Basic earnings (loss) per share from continuing operations $ 0.15 $ 0.18 $ 0.11 $ 0.36
Basic earnings (loss) per share attributable to Core Laboratories N.V. 0.15 0.17 0.11 0.35
Diluted earnings (loss) per share from continuing operations 0.15 0.17 0.11 0.35
Diluted earnings (loss) per share attributable to Core Laboratories N.V. $ 0.15 $ 0.17 $ 0.11 $ 0.35
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 46,319 46,319 46,309 45,751
Diluted (in shares) 47,143 47,103 47,133 46,514
Service [Member]        
REVENUES:        
Revenue $ 85,422 $ 86,263 $ 170,145 $ 170,245
OPERATING EXPENSES:        
Cost of services and product sales exclusive of depreciation expense shown below 68,166 67,098 137,023 130,631
Product [Member]        
REVENUES:        
Revenue 35,476 32,482 66,053 56,883
OPERATING EXPENSES:        
Cost of services and product sales exclusive of depreciation expense shown below $ 29,791 $ 26,743 $ 57,886 $ 47,360