Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net revenues:    
Rentals $ 15,137 $ 16,488
Product Sales 2,517 1,806
Net revenues 17,654 18,294
Cost of revenues:    
Cost of revenues - Product, service and supply costs 4,536 3,506
Cost of revenues - Pump depreciation and disposals 2,469 2,231
Gross profit 10,649 12,557
Selling, general and administrative expenses:    
Provision for doubtful accounts 1,856 1,747
Amortization of intangibles 1,411 912
Selling and marketing 2,886 2,815
General and administrative 6,465 6,669
Total selling, general and administrative 12,618 12,143
Operating (loss) income (1,969) 414
Other (expense) income:    
Interest expense (328) (305)
Loss on extinguishment of long term debt 0  
Other (expense) income (37) 20
Total other expense (365) (285)
(Loss) income before income taxes (2,334) 129
Income tax benefit (expense) 856 (88)
Net (loss) income $ (1,478) $ 41
Net (loss) income per share:    
Basic $ (0.07) $ 0.00
Diluted $ (0.07) $ 0.00
Weighted average shares outstanding:    
Basic 22,680,562 22,548,538
Diluted 22,680,562 23,039,256