Who is Williams Industrial

Income Statement

v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 66,240 $ 56,862 $ 204,936 $ 178,980
Cost of revenue 57,582 50,906 180,014 157,150
Gross profit 8,658 5,956 24,922 21,830
Operating expenses        
Selling and marketing expenses 123 63 401 468
General and administrative expenses 5,827 5,091 17,413 16,327
Depreciation and amortization expense 46 77 144 225
Total operating expenses 5,996 5,231 17,958 17,020
Operating income 2,662 725 6,964 4,810
Other (income) expense, net        
Interest expense, net 1,541 1,511 4,640 4,504
Other income, net (316) (485) (937) (1,153)
Total other expense, net 1,225 1,026 3,703 3,351
Income (loss) from continuing operations before income tax 1,437 (301) 3,261 1,459
Income tax expense 321 62 565 141
Income (loss) from continuing operations 1,116 (363) 2,696 1,318
Discontinued operations:        
Loss from discontinued operations before income tax (66) (54) (222) (175)
Income tax expense (benefit) 24 (97) (56) (845)
Income (loss) from discontinued operations (90) 43 (166) 670
Net income (loss) $ 1,026 $ (320) $ 2,530 $ 1,988
Basic earnings (loss) per common share        
Income (loss) from continuing operations $ 0.04 $ (0.02) $ 0.12 $ 0.07
Income (loss) from discontinued operations 0.00 0.00 (0.01) 0.04
Basic earnings (loss) per common share 0.04 (0.02) 0.11 0.11
Diluted earnings (loss) per common share        
Income (loss) from continuing operations 0.04 (0.02) 0.11 0.07
Income (loss) from discontinued operations 0.00 0.00 0.00 0.03
Diluted earnings (loss) per common share $ 0.04 $ (0.02) $ 0.11 $ 0.10

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