Comstock Resources Inc. (CRK) Income Statement

Income Statement for Comstock Resources Inc.  (CRK) 
$ 12.27   -0.07 (-0.57%) Volume: 2.21 m 4:00 PM EST Feb 10, 2012
After Hours:  $ 12.27 0.00 (0.00%) Volume: 1.41 k 4:34 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Operating Revenue 349,141 292,583 563,749 687,073 511,928
Total Revenue 349,141 292,796 590,309 687,073 511,928
Adjustments to Revenue - - - - -
Cost of Revenue (80,844) (70,644) (90,952) (165,553) (125,786)
Cost of Sales With Depreciation 83,280 71,806 91,762 166,711 127,435
Gross Margin 268,297 221,939 472,797 521,520 386,142
Gross Operating Profit 268,297 221,939 472,797 521,520 386,142
Selling/General/Admin Expense (37,200) (39,172) (32,266) (42,682) (31,769)
Research & Development - - - - -
Advertising - - - - -
EBITDA (Operating Income Before Depreciation) 231,097 182,767 440,531 478,838 354,373
Depreciation & Amortization (216,245) (214,400) (182,989) (244,777) (155,571)
Depreciation, Unreconciled 213,809 213,238 182,179 243,619 153,922
Amortization - - - - -
Amortization of Intangibles - - - - -
Operating Income 14,852 (31,633) 257,542 234,061 198,802
Operating Profit After Depreciation 14,852 (31,633) 257,542 234,061 198,802
Interest Income 263 245 1,537 1,389 1,012
Earnings from Equity Interest - - - - -
Other Income, Net (9,867) 346 (135,993) 685 11,497
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges (224) (115) (922) (826) (10,444)
Total Income Before Interest Expense (EBIT) 5,024 (31,157) 122,164 235,309 200,867
Interest Expense (29,456) (16,086) (25,336) (41,326) (27,429)
Income Before Tax (24,432) (47,243) 96,828 193,983 173,438
Income Taxes 4,846 10,772 (38,611) (85,177) (74,339)
Minority Interest - - - (39,905) (28,434)
Preferred Securities of Subsidiary Trust - - - - -
Other Special Charges (24,432) (47,243) 96,828 193,983 173,438
Net Income from Continuing Operations (19,586) (36,471) 58,217 68,901 70,665
Net Income from Discontinued Operations - - 193,745 - -
Net Income from Total Operations (19,586) (36,471) 251,962 68,901 70,665
Normalized Income (19,362) (36,356) 59,139 69,727 81,109
Extraordinary Income/Loss - - - - -
Special Income/Charges (224) (115) (922) (826) (10,444)
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Net Income Available for Common (19,586) (36,471) 58,217 68,901 70,665
Other Gains - - - - -
Total Net Income (19,586) (36,471) 251,962 68,901 70,665
Net Income Available for Common (19,586) (36,471) 58,217 68,901 70,665
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.00 0.00 0.00 0.00 0.00
Preferred Dividends - - - - -
Basic EPS from Continuing Operations -0.43 -0.81 1.27 1.59 1.67
Basic EPS from Discontinued Operations 0.00 0.00 4.23 0.00 0.00
Basic EPS from Extraordinary Income Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Basic EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Net Income -0.43 -0.81 5.50 1.59 1.67
Basic Normalized Net Income per Share -0.43 -0.81 1.29 1.61 1.92
Basic EPS from Total Operations -0.43 -0.81 5.50 1.59 1.67
Diluted EPS from Continuing Operations -0.43 -0.81 1.26 1.54 1.61
Diluted EPS from Discontinued Operations 0.00 0.00 4.20 0.00 0.00
Diluted EPS from Extraordinary Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Net Income -0.43 -0.81 5.46 1.54 1.61
Diluted Normalized Net Income per Share -0.43 -0.81 1.28 1.56 1.85
Excise Tax - - - - -
Diluted EPS from Total Operations -0.43 -0.81 5.46 1.54 1.61