Exterran Corporation (EXTN) Financial Statements (2024 and earlier)
Company Profile
Business Address |
11000 EQUITY DRIVE HOUSTON, TX 77041 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
6/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 56,255 | 40,318 | 16,683 | 19,300 | 49,145 | 35,678 | |||
Cash and cash equivalents | 56,255 | 40,318 | 16,683 | 19,300 | 49,145 | 35,678 | |||
Restricted cash and investments | 5,796 | 3,410 | 19 | 178 | 546 | 671 | |||
Receivables | 179,844 | 198,028 | 202,337 | 248,467 | 266,052 | 230,607 | |||
Inventory, net of allowances, customer advances and progress billings | 102,494 | 109,837 | 143,538 | 150,689 | 107,909 | 157,516 | |||
Inventory | 102,494 | 109,837 | 143,538 | 150,689 | 107,909 | 157,516 | |||
Contract with customer, asset, after allowance for credit loss | 25,554 | 32,642 | 46,537 | 91,602 | ✕ | ✕ | |||
Disposal group, including discontinued operation | 15,558 | 25,325 | 4,332 | 11,605 | 23,751 | 14 | |||
Asset, held-for-sale, not part of disposal group | 15,761 | ||||||||
Other current assets | 22,897 | 19,810 | 22,477 | 44,234 | 38,707 | 55,516 | |||
Other undisclosed current assets | 40,695 | 31,956 | |||||||
Total current assets: | 408,398 | 429,370 | 435,923 | 566,075 | 542,566 | 511,958 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 21,654 | 25,428 | 26,783 | ✕ | ✕ | ✕ | |||
Nontrade receivables | 5,946 | 7,790 | |||||||
Property, plant and equipment | 604,957 | 733,222 | 844,410 | 901,577 | 822,279 | 797,809 | |||
Long-term investments and receivables | 25,128 | 16,801 | 16,145 | 20,399 | 3,004 | 4,849 | |||
Accounts and financing receivable, after allowance for credit loss | 25,128 | 16,801 | 16,145 | 20,399 | 3,004 | 4,849 | |||
Intangible assets, net (including goodwill) | 2,938 | 4,138 | 5,643 | 8,174 | 9,861 | 12,945 | |||
Intangible assets, net (excluding goodwill) | 2,938 | 4,138 | 5,643 | 8,174 | 9,861 | 12,945 | |||
Contract with customer, asset, after allowance for credit loss | 67,822 | 33,563 | 16,280 | 5,430 | ✕ | ✕ | |||
Deposits noncurrent assets | 12,160 | 13,290 | 14,560 | 13,492 | 11,648 | ||||
Disposal group, including discontinued operation, noncurrent assets | 1,689 | 1,606 | 2,970 | 1,661 | 3,700 | ||||
Deferred income tax assets | 7,671 | 8,866 | 13,994 | ✕ | ✕ | ✕ | |||
Other noncurrent assets | 2,151 | 3,832 | 5,634 | 7,287 | 21,777 | 26,553 | |||
Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | 6,015 | ||||
Other undisclosed noncurrent assets | 18,683 | 25,585 | 35,662 | 42,959 | 45,972 | 14,649 | |||
Total noncurrent assets: | 770,799 | 874,121 | 982,081 | 1,000,979 | 918,241 | 862,820 | |||
TOTAL ASSETS: | 1,179,197 | 1,303,491 | 1,418,004 | 1,567,054 | 1,460,807 | 1,374,778 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 208,607 | 154,482 | 227,525 | 289,079 | 263,080 | 258,751 | |||
Accounts payable | 70,782 | 60,078 | 123,444 | 165,744 | 148,744 | 95,959 | |||
Accrued liabilities | 137,825 | 94,404 | 104,081 | 123,335 | 114,336 | 162,792 | |||
Deferred revenue | 74,206 | 100,123 | 82,854 | ✕ | ✕ | ✕ | |||
Debt | 1,397 | 237 | |||||||
Provision for loss on contracts | 28,600 | ||||||||
Disposal group, including discontinued operation | 2,299 | 13,707 | 9,998 | 14,767 | 31,971 | 1,113 | |||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 23,902 | 32,154 | ||
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 153,483 | ✕ | ✕ | ||
Other undisclosed current liabilities | 3,580 | 6,340 | 6,031 | 89,565 | 13,516 | ||||
Total current liabilities: | 290,089 | 274,652 | 326,645 | 457,329 | 408,518 | 334,134 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 571,788 | 562,325 | 443,587 | 403,810 | 368,472 | 348,970 | |||
Other undisclosed long-term debt and lease obligation | 545,065 | 532,457 | 412,629 | 403,810 | 368,472 | 348,970 | |||
Liabilities, other than long-term debt | 107,005 | 140,814 | 207,276 | 147,089 | 119,285 | 134,903 | |||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 92,485 | 98,964 | ||
Deferred revenue | 60,608 | 80,499 | 156,262 | ✕ | ✕ | ✕ | |||
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 101,363 | ✕ | ✕ | ||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 11,700 | ||||
Deferred income tax liabilities | 921 | 1,014 | 993 | ✕ | ✕ | ✕ | |||
Disposal group, including discontinued operation, liabilities | 1,066 | 2,142 | 758 | 5,914 | 6,528 | 2 | |||
Other liabilities | 44,410 | 57,159 | 49,263 | 39,812 | 20,272 | 24,237 | |||
Operating lease, liability | 26,723 | 29,868 | 30,958 | ✕ | ✕ | ✕ | |||
Other undisclosed noncurrent liabilities | 26,723 | 29,868 | 30,958 | 6,005 | 9,746 | ||||
Total noncurrent liabilities: | 705,516 | 733,007 | 681,821 | 556,904 | 497,503 | 483,873 | |||
Total liabilities: | 995,605 | 1,007,659 | 1,008,466 | 1,014,233 | 906,021 | 818,007 | |||
Equity | |||||||||
Equity, attributable to parent | 183,592 | 295,832 | 409,538 | 552,821 | 554,786 | 556,771 | |||
Common stock | 381 | 378 | 375 | 369 | 362 | 356 | |||
Treasury stock, value | (57,742) | (57,431) | (56,567) | (11,560) | (6,937) | (2,145) | |||
Additional paid in capital | 753,046 | 750,506 | 747,622 | 734,458 | 739,164 | 768,304 | |||
Accumulated other comprehensive income | 19,144 | 20,908 | 35,346 | 38,231 | 45,707 | 47,508 | |||
Accumulated deficit | (531,237) | (418,529) | (317,238) | (208,677) | (223,510) | (257,252) | |||
Total equity: | 183,592 | 295,832 | 409,538 | 552,821 | 554,786 | 556,771 | |||
TOTAL LIABILITIES AND EQUITY: | 1,179,197 | 1,303,491 | 1,418,004 | 1,567,054 | 1,460,807 | 1,374,778 |
Income Statement (P&L) ($ in thousands)
6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
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Revenues | 630,245 | 613,061 | 1,317,440 | 1,360,856 | 1,215,294 | 1,029,253 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 1,215,294 | 1,029,253 | |
Cost of revenue (Cost of Goods and Services Sold) | (353,779) | (351,195) | (954,218) | (977,428) | (1,300) | (800) | ||
Gross profit: | 276,466 | 261,866 | 363,222 | 383,428 | 1,213,994 | 1,028,453 | ||
Operating expenses | (140,469) | (135,054) | (238,687) | (182,259) | (182,018) | (181,131) | ||
Operating income: | 135,997 | 126,812 | 124,535 | 201,169 | 1,031,976 | 847,322 | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 1,292 | (589) | 1,829 | (6,484) | 975 | 13,088 | ||
Interest and debt expense | (41,574) | (35,246) | (38,620) | (29,217) | (34,826) | (34,181) | ||
Income from continuing operations before equity method investments, income taxes: | 95,715 | 90,977 | 87,744 | 165,468 | 998,125 | 826,229 | ||
Income from equity method investments | 10,403 | |||||||
Other undisclosed loss from continuing operations before income taxes | (176,401) | (148,593) | (171,317) | (125,643) | (981,286) | (906,238) | ||
Income (loss) from continuing operations before income taxes: | (80,686) | (57,616) | (83,573) | 39,825 | 16,839 | (69,606) | ||
Income tax expense | (30,238) | (28,403) | (25,290) | (39,433) | (22,695) | (124,760) | ||
Income (loss) from continuing operations: | (110,924) | (86,019) | (108,863) | 392 | (5,856) | (194,366) | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | (112,708) | (101,291) | (102,377) | 24,854 | 33,880 | (227,937) | |
Income (loss) from discontinued operations | (1,784) | (15,272) | 6,486 | 24,462 | 39,736 | (33,571) | ||
Other undisclosed net loss | (641) | |||||||
Net income (loss): | (112,708) | (101,291) | (102,377) | 24,213 | 33,880 | (227,937) | ||
Other undisclosed net income attributable to parent | 641 | |||||||
Net income (loss) available to common stockholders, diluted: | (112,708) | (101,291) | (102,377) | 24,854 | 33,880 | (227,937) |
Comprehensive Income ($ in thousands)
6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
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Net income (loss): | (112,708) | (101,291) | (102,377) | 24,213 | 33,880 | (227,937) | ||
Comprehensive income (loss): | (112,708) | (101,291) | (102,377) | 24,213 | 33,880 | (227,937) | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,764) | (14,438) | (2,885) | (6,835) | (1,801) | 18,310 | ||
Comprehensive income (loss), net of tax, attributable to parent: | (114,472) | (115,729) | (105,262) | 17,378 | 32,079 | (209,627) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.