Page 15 - RosboroAR2018

CONSOLIDATEDSTATEMENTS OFINCOME (IN THOUSANDS)
YEAR ENDED DEC. 31, 2018
$172,263
YEAR ENDED DEC. 31, 2017
$138,349
20,520 105,256 6,945 13,686
16,281 74,446 6,198 11,165
146,407
108,090
25,856 (12,451)
30,259 (12,488)
13,405
17,771
YEAR ENDED DEC. 31, 2018
726 (1,576) - (96)
YEAR ENDED DEC. 31, 2017
2 (4,350) (4,280) (90)
12,459 (3,577)
$8,882
9,053 (3,066)
$5,987
SALES
COST OF SALES
Employee compensation and payroll costs Materials, services and other costs Depreciation and amortization
Depletion and associated charges
GROSS MARGIN
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES INCOME FROM OPERATIONS
OTHER INCOME (EXPENSE)
Gain on sale of equipment Interest expense
Loss on extinguishment of debt Miscellaneous
INCOME BEFORE INCOME TAXES PROVISION FOR INCOME TAXES NET INCOME
CONSOLIDATEDSTATEMENTS OF STOCKERHOLDERS’ EQUITY(IN THOUSANDS)
BALANCE, December 31, 2016 Net Income
Stock-Based Compensation BALANCE, December 31, 2017 Net Income
Stock-Based Compensation BALANCE, December 31, 2018
COMMON STOCK SERIES A PREFERRED STOCK RETAINED EARNINGS
SHARES
5,100 - - 5,100 - - 5,100
AMOUNT
$510 - 303 813 - 152 $965
SHARES
5,049 - - 5,049 - - 5,049
AMOUNT
$50,490 - - 50,490 - - $50,490
ACCUMULATED DEFICIT
$(2,604) 5,987 - 3,383 8,882 - $15,004
TOTAL
$48,396 5,987 303 54,686 8,882 152 $63,720
15 ANNUAL REPORT 2018
See accompanying notes.