Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net revenues:    
Rentals $ 14,421 $ 15,137
Product sales 2,062 2,517
Net revenues 16,483 17,654
Cost of revenues:    
Cost of revenues — Product, service and supply costs 4,479 4,536
Cost of revenues — Pump depreciation and disposals 1,931 2,469
Gross profit 10,073 10,649
Selling, general and administrative expenses:    
Provision for doubtful accounts 1,856
Amortization of intangibles 1,187 1,411
Selling and marketing 2,301 2,886
General and administrative 5,997 6,465
Total selling, general and administrative 9,485 12,618
Operating income (loss) 588 (1,969)
Other expense:    
Interest expense (315) (328)
Other expense (11) (37)
Income (loss) before income taxes 262 (2,334)
(Provision for) benefit from income taxes (58) 856
Net income (loss) $ 204 $ (1,478)
Net income (loss) per share:    
Basic (in dollars per share) $ 0.01 $ (0.07)
Diluted (in dollars per share) $ 0.01 $ (0.07)
Weighted average shares outstanding:    
Basic (in shares) 22,799,221 22,680,562
Diluted (in shares) 22,857,121 22,680,562