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Statement of Income Six Months Ended (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUE:        
Services $ 169,756 $ 153,010 $ 322,870 $ 296,452
Product sales 56,029 45,892 109,648 90,787
Total Revenue 225,785 198,902 432,518 387,239
OPERATING EXPENSES:        
Cost of services, exclusive of depreciation expense shown below 112,001 96,411 212,733 191,768
Cost of product sales, exclusive of depreciation expense shown below 40,272 32,506 76,290 62,737
General and Administrative Expense, Excluding Depreciation 9,757 9,211 19,281 15,591
Depreciation 5,507 5,430 11,047 10,849
Amortization 298 336 589 671
Other (income), net 147 1,288 (1,724) 490
OPERATING INCOME 57,803 53,720 114,302 105,133
Loss on exchange of Senior Exchangeable Notes 210 0 839 0
Interest expense 2,499 4,114 4,859 8,173
Income before income tax expense 55,094 49,606 108,604 96,960
Income Tax Expense (Benefit) 14,710 15,244 22,228 30,312
Net income 40,384 34,362 86,376 66,648
Net Income (Loss) Attributable to Non-controlling Interest (67) 146 (365) 227
Net income attributable to Core Laboratories N.V. $ 40,451 $ 34,216 $ 86,741 $ 66,421
EARNINGS PER SHARE INFORMATION:        
Basic earnings per share attributable to Core Laboratories N.V. $ 0.88 $ 0.77 $ 1.90 $ 1.48
Diluted earnings per share attributable to Core Laboratories N.V. $ 0.83 $ 0.71 $ 1.77 $ 1.40
Cash dividends per share $ 0.25 $ 0.06 $ 0.50 $ 0.12
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic 45,945 44,651 45,587 44,743
Diluted 48,662 47,957 48,942 47,396