Pioneer Drilling Co. (PDC) Income Statement

Income Statement for Pioneer Drilling Co.  (PDC) 
$ 9.29   -0.16 (-1.69%) Volume: 547.14 k 4:01 PM EST Feb 10, 2012
After Hours:  $ 9.29 0.00 (0.00%) Volume: 3.5 k 5:15 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 03/2007
Operating Revenue 487,210 325,537 610,884 313,884 416,178
Total Revenue 487,210 325,537 610,884 313,884 416,178
Adjustments to Revenue - - - - -
Cost of Revenue (329,822) (213,808) (468,589) (195,596) (224,423)
Cost of Sales With Depreciation 332,431 215,355 349,943 195,596 224,423
Gross Margin 157,388 111,729 142,295 118,288 191,755
Gross Operating Profit 157,388 111,729 142,295 118,288 191,755
Selling/General/Admin Expense (52,540) (35,836) (45,257) (14,176) (11,923)
Research & Development - - - - -
Advertising - - - - -
EBITDA (Operating Income Before Depreciation) 104,848 75,893 97,038 104,112 179,832
Depreciation & Amortization (123,420) (107,733) (88,145) (48,852) (52,856)
Depreciation, Unreconciled 120,811 106,186 88,145 48,852 52,856
Amortization - - - - -
Amortization of Intangibles - - 118,646 - -
Operating Income (18,572) (31,840) 8,893 55,260 126,976
Operating Profit After Depreciation (18,572) (31,840) 8,893 55,260 126,976
Interest Income 92 217 1,256 2,401 3,828
Earnings from Equity Interest - - - - -
Other Income, Net (2,419) 596 (918) 129 58
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - (52,847) - -
Total Income Before Interest Expense (EBIT) (20,899) (31,027) (43,616) 57,790 130,862
Interest Expense (26,659) (9,145) (13,072) (16) (73)
Income Before Tax (47,558) (40,172) (56,688) 57,774 130,789
Income Taxes 14,297 16,957 (6,057) (18,129) (46,609)
Minority Interest - - - - -
Preferred Securities of Subsidiary Trust - - - - -
Other Special Charges (47,558) (40,172) (56,688) 57,774 130,788
Net Income from Continuing Operations (33,261) (23,215) (62,745) 39,645 84,179
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations (33,261) (23,215) (62,745) 39,645 84,179
Normalized Income (33,261) (23,215) (9,898) 39,645 84,179
Extraordinary Income/Loss - - - - -
Special Income/Charges - - (52,847) - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Net Income Available for Common (33,261) (23,215) (62,745) 39,645 84,179
Other Gains - - - - -
Total Net Income (33,261) (23,215) (62,745) 39,645 84,179
Net Income Available for Common (33,261) (23,215) (62,745) 39,645 84,179
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 03/2007
Dividends Paid Per Share 0.00 0.00 0.00 0.00 0.00
Preferred Dividends - - - - -
Basic EPS from Continuing Operations -0.62 -0.46 -1.26 0.80 1.70
Basic EPS from Discontinued Operations 0.00 0.00 0.00 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 -0.62 -0.46 -1.26 0.80 1.70
Basic Normalized Net Income per Share -0.62 -0.46 -0.20 0.80 1.70
Basic EPS from Total Operations -0.62 -0.46 -1.26 0.80 1.70
Diluted EPS from Continuing Operations -0.62 -0.46 -1.26 0.79 1.68
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 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 -0.62 -0.46 -1.26 0.79 1.68
Diluted Normalized Net Income per Share -0.62 -0.46 -0.20 0.79 1.68
Excise Tax - - - - -
Diluted EPS from Total Operations -0.62 -0.46 -1.26 0.79 1.68