XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES:        
Revenue $ 125,966 $ 117,985 $ 362,164 $ 345,113
OPERATING EXPENSES:        
General and administrative expense, exclusive of depreciation expense shown below 10,001 15,115 29,393 33,246
Depreciation 3,999 4,322 12,572 13,531
Amortization 172 174 516 587
Other (income) expense, net (1,781) (1,184) (62) (4,222)
OPERATING INCOME (LOSS) 14,645 6,640 25,906 31,062
Interest expense 3,138 2,669 8,489 6,562
Income (loss) from continuing operations before income taxes 11,507 3,971 17,417 24,500
Income tax expense (benefit) 3,856 2,962 4,449 7,068
Income (loss) from continuing operations 7,651 1,009 12,968 17,432
Net income (loss) 7,651 1,009 12,968 17,432
Net income (loss) attributable to non-controlling interest 127 135 266 393
Net income (loss) attributable to Core Laboratories N.V. $ 7,524 $ 874 $ 12,702 $ 17,039
EARNINGS (LOSS) PER SHARE INFORMATION:        
Basic earnings (loss) per share from continuing operations $ 0.17 $ 0.02 $ 0.28 $ 0.38
Basic earnings (loss) per share attributable to Core Laboratories N.V. 0.16 0.02 0.27 0.37
Diluted earnings (loss) per share from continuing operations 0.16 0.02 0.28 0.37
Diluted earnings (loss) per share attributable to Core Laboratories N.V. $ 0.16 $ 0.02 $ 0.27 $ 0.36
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 46,338 46,289 46,319 45,932
Diluted (in shares) 47,012 47,125 47,117 46,833
Service [Member]        
REVENUES:        
Revenue $ 87,891 $ 84,820 $ 258,036 $ 255,065
OPERATING EXPENSES:        
Cost of services and product sales exclusive of depreciation expense shown below 67,618 67,086 204,641 197,717
Product [Member]        
REVENUES:        
Revenue 38,075 33,165 104,128 90,048
OPERATING EXPENSES:        
Cost of services and product sales exclusive of depreciation expense shown below $ 31,312 $ 25,832 $ 89,198 $ 73,192