GIFI · As filed with the SEC
Gulf Island Fabrication income statement, by fiscal year
The statement as Gulf Island Fabrication presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | FY2017 Year ended Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 159,199,000 | 151,067,000 | 142,320,000 | 93,452,000 | 250,959,000 | 303,308,000 | 221,247,000 | — |
| Cost of revenue | 136,946,000 | 162,968,000 | 134,425,000 | 91,788,000 | 268,710,000 | 320,307,000 | 228,443,000 | — |
| Gross profit (loss) | 22,253,000 | (11,901,000) | 7,895,000 | 1,664,000 | (17,751,000) | (16,999,000) | (7,196,000) | (42,925,000) |
| General and administrative expense | 13,521,000 | 16,278,000 | 18,214,000 | 11,848,000 | 13,858,000 | 15,628,000 | 19,015,000 | 17,800,000 |
| Asset impairment | — | — | — | — | — | — | — | 7,672 |
| Asset impairments and (gain) loss on assets held for sale, net | — | — | — | — | — | — | (6,850) | — |
| Other (income) expense, net | — | — | — | — | — | — | 304 | — |
| Impairments and (gain) loss on assets held for sale, net | — | — | — | — | 4,130,000 | 17,528,000 | — | — |
| Other (income) expense, net | (3,547,000) | (2,296,000) | (6,904,000) | 3,300,000 | (8,580,000) | (134,000) | — | — |
| Operating income (loss) | 12,279,000 | (25,883,000) | (3,415,000) | (13,484,000) | (27,159,000) | (50,021,000) | (19,665,000) | (68,397,000) |
| Interest income (expense), net | — | — | — | — | — | — | (142) | (349) |
| Interest income | — | — | — | — | — | — | — | 0 |
| Other income (expense), net | — | — | — | — | — | — | — | (213) |
| Total Other income (expense) | — | — | — | — | — | — | — | (562) |
| Gain on extinguishment of debt | — | — | — | 9,061 | — | — | — | — |
| Interest (expense) income, net | 2,411,000 | 1,440,000 | 86,000 | (397,000) | (268,000) | 531,000 | — | — |
| Loss before income taxes | — | — | — | — | (27,427,000) | (49,490,000) | (19,807,000) | (68,959,000) |
| Net income (loss) before income taxes | 14,690,000 | (24,443,000) | (3,329,000) | (4,820,000) | — | — | — | — |
| Income tax (expense) benefit | 51,000 | 41,000 | (23,000) | 24,000 | 52,000 | 96,000 | (571,000) | (24,193,000) |
| Loss from continuing operations | — | — | (3,352) | (4,796) | — | — | — | — |
| Loss from discontinued operations, net of taxes | — | — | — | (17,372) | — | — | — | — |
| Net income (loss) | 14,741,000 | (24,402,000) | (3,352,000) | (22,168,000) | (27,375,000) | (49,394,000) | (20,378,000) | (44,766,000) |
| Per share data: | ||||||||
| Basic and diluted loss from continuing operations | — | — | — | (0.31) | — | — | — | — |
| Basic and diluted loss from discontinued operations | — | — | — | (1.12) | — | — | — | — |
| Basic and diluted loss per share | — | — | — | (1.43) | (1.79) | (3.24) | (1.36) | (3.02) |
| Cash dividends per common share | — | — | — | — | — | — | 0.00 | — |
| Basic loss from continuing operations | — | — | (0.00) | — | — | — | — | — |
| Diluted loss from continuing operations | — | — | (0.00) | — | — | — | — | — |
| Basic income (loss) per share | 0.9 | (1.51) | (0.21) | — | — | — | — | — |
| Diluted income (loss) per share | 0.88 | (1.51) | (0.21) | — | — | — | — | — |
| Revenue | — | — | — | — | — | — | — | 171,022 |
| Contract costs | — | — | — | — | — | — | — | 213,947 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.