Annual report pursuant to section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Income (Loss)

v2.4.0.8
Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Net revenues:    
Rentals $ 55,962 $ 53,471
Product sales 6,318 5,357
Net revenues 62,280 58,828
Cost of revenues:    
Cost of revenues - Product, service and supply costs 11,274 9,165
Cost of revenues - Pump depreciation and loss on disposal 7,327 6,752
Gross profit 43,679 42,911
Selling, general and administrative expenses:    
Provision for doubtful accounts 6,534 5,251
Amortization of intangible assets 2,618 2,734
Selling and marketing 9,658 9,864
General and administrative 18,973 23,062
Total selling, general and administrative: 37,783 40,911
Operating income 5,896 2,000
Other income (loss):    
Interest expense (3,497) (3,340)
Loss on extinguishment of long-term debt    (671)
Other income (expense) 301 (141)
Total other loss (3,196) (4,152)
Income (loss) before income taxes 2,700 (2,152)
Income tax (expense) benefit (1,031) 663
Net income (loss) 1,669 (1,489)
Net income (loss) per share:    
Basic $ 0.08 $ (0.07)
Diluted $ 0.08 $ (0.07)
Weighted average shares outstanding:    
Basic 21,868,379 21,430,012
Diluted 22,074,513 21,430,012
Comprehensive income (loss):    
Net income (loss) 1,669 (1,489)
Reclassification of hedging losses, net of taxes    136
Comprehensive income (loss) $ 1,669 $ (1,353)