Who is Williams Industrial

Income Statement

v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 56,862 $ 53,467 $ 178,980 $ 144,563
Cost of revenue 50,906 43,255 157,150 121,154
Gross profit 5,956 10,212 21,830 23,409
Operating expenses        
Selling and marketing expenses 63 397 468 1,299
General and administrative expenses 5,091 7,529 16,327 21,645
Restructuring charges   1,436   3,661
Depreciation and amortization expense 77 192 225 633
Total operating expenses 5,231 9,554 17,020 27,238
Operating income (loss) 725 658 4,810 (3,829)
Other (income) expense        
Interest expense, net 1,511 3,622 4,504 7,397
Other (income) expense, net (485) (339) (1,153) (844)
Total other (income) expense, net 1,026 3,283 3,351 6,553
Income (loss) from continuing operations before income tax (301) (2,625) 1,459 (10,382)
Income tax (benefit) expense 62 215 141 720
Income (loss) from continuing operations (363) (2,840) 1,318 (11,102)
Discontinued operations:        
Loss from discontinued operations before income tax (54) (10,619) (175) (14,522)
Income tax (benefit) expense (97) 17 (845) (666)
Income (loss) from discontinued operations 43 (10,636) 670 (13,856)
Net income (loss) $ (320) $ (13,476) $ 1,988 $ (24,958)
Basic earnings (loss) per common share        
Income (loss) from continuing operations $ (0.02) $ (0.16) $ 0.07 $ (0.61)
Income (loss) from discontinued operations   (0.58) 0.04 (0.76)
Basic earnings (loss) per common share (0.02) (0.74) 0.11 (1.37)
Diluted earnings (loss) per common share        
Income (loss) from continuing operations (0.02) (0.16) 0.07 (0.61)
Income (loss) from discontinued operations   (0.58) 0.03 (0.76)
Diluted earnings (loss) per common share $ (0.02) $ (0.74) $ 0.10 $ (1.37)

Source