Annual report pursuant to section 13 and 15(d)

Consolidated Statements of Operations and Statements of Comprehensive Loss

v2.4.0.6
Consolidated Statements of Operations and Statements of Comprehensive Loss (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Net revenues    
Rentals $ 53,471 $ 46,795
Product sales 5,357 7,842
Net revenues 58,828 54,637
Cost of revenues:    
Cost of revenues - Product, service and supply costs 9,165 9,128
Cost of revenues - Pump depreciation and loss on disposal 6,752 10,154
Gross profit 42,911 35,355
Selling, general and administrative expenses:    
Provision for doubtful accounts 5,251 4,099
Amortization of intangibles 2,734 2,662
Asset impairment charges   67,592
Selling and marketing 9,864 9,371
General and administrative 23,062 17,987
Total selling, general and administrative: 40,911 101,711
Operating income (loss) 2,000 (66,356)
Other income (loss):    
Gain on derivatives   83
Interest expense (3,340) (2,193)
Loss on extinguishment of long term debt (671)  
Other expense (141) (111)
Total other loss (4,152) (2,221)
Loss before income taxes (2,152) (68,577)
Income tax benefit 663 23,134
Net loss (1,489) (45,443)
Net loss per share:    
Basic $ (0.07) $ (2.16)
Diluted $ (0.07) $ (2.16)
Weighted average shares outstanding:    
Basic 21,430,012 21,074,093
Diluted 21,430,012 21,074,093
Comprehensive Loss:    
Net loss (1,489) (45,443)
Unrealized loss on interest rate swap, net of taxes   (72)
Reclassification of hedging losses, net of taxes 136  
Comprehensive Loss $ (1,353) $ (45,515)