XML 106 R104.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Unaudited Selected Quarterly Results of Operations - Quarterly Financial Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Data [Abstract]                      
Services and product sales revenue $ 156,778 $ 173,200 $ 169,038 $ 169,194 $ 173,207 $ 182,146 $ 175,475 $ 170,018 $ 668,210 $ 700,846 $ 647,819
Cost of services and product sales 117,749 125,996 124,451 127,383 125,694 128,179 123,773 119,318      
Other operating expenses [1] 17,974 15,997 16,579 25,397 29,535 19,088 18,253 18,384      
OPERATING INCOME 21,055 31,207 28,008 16,414 17,978 34,879 33,449 32,316 96,684 118,622 109,968
Interest expense 3,588 3,662 3,714 3,726 3,634 3,278 3,296 3,120 14,690 13,328 10,734
Income before income tax expense 17,467 27,545 24,294 12,688 14,344 31,601 30,153 29,196 81,994 105,294 99,234
Income tax expense 7,177 3,335 4,808 (27,610) 5,750 9,404 5,020 5,273 (12,290) 25,447 18,249
Income from continuing operations 10,290 24,210 19,486 40,298 8,594 22,197 25,133 23,923 94,284 79,847 80,985
Net income (loss) from discontinued operations   (397) 7,971 259 408 208 (328) (346) 7,833 (58) 2,111
Net income 10,290 23,813 27,457 40,557 9,002 22,405 24,805 23,577 102,117 79,789 83,096
Net income (loss) attributable to non-controlling interest (40) 84 43 47 167 (7) 53 50 134 263 (29)
Net income attributable to Core Laboratories N.V. $ 10,330 $ 23,729 $ 27,414 $ 40,510 $ 8,835 $ 22,412 $ 24,752 $ 23,527 $ 101,983 $ 79,526 $ 83,125
Basic earnings per share $ 0.23 [2],[3] $ 0.54 [2],[3] $ 0.62 [2],[3] $ 0.91 [2],[3] $ 0.20 [2],[3] $ 0.51 [2],[3] $ 0.56 [2],[3] $ 0.53 [2],[3] $ 2.30 $ 1.80 $ 1.88
Diluted earnings per share $ 0.23 [2],[3] $ 0.53 [2],[3] $ 0.61 [2],[3] $ 0.91 [2],[3] $ 0.20 [2],[3] $ 0.50 [2],[3] $ 0.56 [2],[3] $ 0.53 [2],[3] $ 2.28 $ 1.79 $ 1.88
Basic (in shares) 44,379 44,371 44,354 44,323 44,226 44,216 44,203 44,179 44,357,000 44,206,000 44,153,000
Diluted (in shares) 44,634 44,716 44,815 44,734 44,401 44,591 44,493 44,463 44,646,000 44,474,000 44,264,000
[1] First quarter of 2019 and Fourth quarter of 2018 includes charges of $7.2 million and $9.9 million, respectively, of additional stock compensation expenses. See Note 15.
[2] Basic earnings per share and Diluted earnings per share are based on Net income attributable to Core Laboratories N.V.
[3] The sum of the individual quarterly earnings per share amounts may not agree with the year-to-date earnings per share amounts as each quarterly computation is based on the weighted average number of common shares outstanding during that period.