Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Net revenues:    
Rentals $ 62,210 $ 62,952
Product sales 8,287 7,589
Net revenues 70,497 70,541
Cost of revenues:    
Cost of revenues - Product, service and supply costs 16,206 13,802
Cost of revenues - Pump depreciation and loss on disposal 9,551 7,139
Gross profit 44,740 49,600
Selling, general and administrative expenses:    
Provision for doubtful accounts 5,631 5,234
Amortization of intangible assets 3,849 2,884
Selling and marketing 9,657 10,424
General and administrative 24,629 23,778
Total selling, general and administrative 43,766 42,320
Operating income 974 7,280
Other income (expense):    
Interest expense (1,344) (1,705)
Loss on extinguishment of long-term debt   (1,599)
Other income 6 13
Total other expense (1,338) (3,291)
Income before income taxes (364) 3,989
Income tax benefit (expense) 142 (1,204)
Net (loss) income $ (222) $ 2,785
Net (loss) income per share:    
Basic $ (0.01) $ 0.13
Diluted $ (0.01) $ 0.12
Weighted average shares outstanding:    
Basic 22,617,901 22,414,587
Diluted 22,617,901 22,843,235