XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations Statement (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
REVENUE:    
Services $ 162,974us-gaap_SalesRevenueServicesNet $ 188,735us-gaap_SalesRevenueServicesNet
Product sales 50,669us-gaap_SalesRevenueGoodsNet 74,168us-gaap_SalesRevenueGoodsNet
Total revenue 213,643us-gaap_SalesRevenueNet 262,903us-gaap_SalesRevenueNet
OPERATING EXPENSES:    
Cost of services, exclusive of depreciation expense shown below 102,795us-gaap_CostOfServicesExcludingDepreciationDepletionAndAmortization 110,571us-gaap_CostOfServicesExcludingDepreciationDepletionAndAmortization
Cost of product sales, exclusive of depreciation expense shown below 41,479us-gaap_CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization 51,098us-gaap_CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
General and administrative expense, exclusive of depreciation expense shown below 12,674clb_GeneralAndAdministrativeExpenseExcludingDepreciation 10,519clb_GeneralAndAdministrativeExpenseExcludingDepreciation
Depreciation 6,345clb_DepreciationTotal 6,342clb_DepreciationTotal
Amortization 221us-gaap_AmortizationOfIntangibleAssets 291us-gaap_AmortizationOfIntangibleAssets
Other (income) expense, net 322us-gaap_OtherOperatingIncomeExpenseNet 1,255us-gaap_OtherOperatingIncomeExpenseNet
Severance and other charges 7,090clb_Severanceandothercharges 0clb_Severanceandothercharges
OPERATING INCOME 42,717clb_IncomeBeforeInterestExpenseAndTaxes 82,827clb_IncomeBeforeInterestExpenseAndTaxes
Interest expense 2,403us-gaap_InterestExpense 2,363us-gaap_InterestExpense
Income before income tax expense 40,314us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 80,464us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 9,272us-gaap_IncomeTaxExpenseBenefit 19,311us-gaap_IncomeTaxExpenseBenefit
Net income 31,042us-gaap_ProfitLoss 61,153us-gaap_ProfitLoss
Net income (loss) attributable to non-controlling interest (357)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 89us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Core Laboratories N.V. $ 31,399us-gaap_NetIncomeLoss $ 61,064us-gaap_NetIncomeLoss
EARNINGS PER SHARE INFORMATION:    
Basic earnings per share attributable to Core Laboratories N.V. (in dollars per share) $ 0.72us-gaap_EarningsPerShareBasic $ 1.36us-gaap_EarningsPerShareBasic
Diluted earnings per share attributable to Core Laboratories N.V. (in dollars per share) $ 0.72us-gaap_EarningsPerShareDiluted $ 1.35us-gaap_EarningsPerShareDiluted
Cash dividends per share (in dollars per share) $ 0.55us-gaap_CommonStockDividendsPerShareCashPaid $ 0.50us-gaap_CommonStockDividendsPerShareCashPaid
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic 43,340us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 44,908us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 43,466us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 45,182us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding