TESCO CORP

Delisted

CIK 1022705fmd_0DAZJTWZRPMWEYHPSSET9S971GManufacturing · Oil & Gas Field Machinery & EquipmentTemplate: Standard

Coverage: Jan 01, 2009 to Sep 30, 2017, 31 periods

Income Statement · Annual · Millions · USD
Line item	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016
Total revenues	357	379	513	553	525	543	280	135
Cost of revenue	320	307	409	433	413	434	297	178
Gross profit	37	72	104	120	111	109	(17)	(43)
Research and development	7	9	13	10	9	10	9	6
Selling, general and administrative	44	47	49	45	49	53	42	30
Total operating expenses	371	363	470	476	470	496	382	250
Operating income	(14)	15	43	77	55	47	(102)	(115)
Interest expense	2	1	2	1	1	1	2	1
Interest and investment income	1	0	3	0	0	0	0	1
Other non-operating income (expense)	(3)	(1)	(1)	(2)	(5)	(8)	(16)	(3)
Income before taxes	(18)	14	41	75	50	38	(118)	(118)
Income tax expense	(12)	7	14	25	15	17	15	(0)
Net income from continuing operations	(5)	7	27	50	35	21	(134)	(118)
Net income	(5)	7	27	50	35	21	(134)	(118)