Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.6.0.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net revenues:    
Rentals $ 16,488 $ 14,966
Product Sales 1,806 1,586
Net revenues 18,294 16,552
Cost of revenues:    
Cost of revenues - Product, service and supply costs 3,506 3,015
Cost of revenues - Pump depreciation and disposals 2,231 1,621
Gross profit 12,557 11,916
Selling, general and administrative expenses:    
Provision for doubtful accounts 1,747 1,194
Amortization of intangibles 912 631
Selling and marketing 2,815 2,737
General and administrative 6,669 5,975
Total selling, general and administrative 12,143 10,537
Operating income 414 1,379
Other income (expense):    
Interest expense (305) (672)
Loss on extinguishment of long term debt   (1,599)
Other income 20 19
Total other expense (285) (2,252)
Income (loss) before income taxes 129 (873)
Income tax (expense) benefit (88) 354
Net income (loss) $ 41 $ (519)
Net income (loss) per share:    
Basic $ 0.00 $ (0.02)
Diluted $ 0.00 $ (0.02)
Weighted average shares outstanding:    
Basic 22,548,538 22,308,730
Diluted 23,039,256 22,308,730