First Seismic Corp
OTC:FSEI
Income Statement
Earnings Waterfall
First Seismic Corp
Income Statement
First Seismic Corp
| Dec-1990 | Mar-1991 | Jun-1991 | Sep-1991 | Dec-1991 | Mar-1992 | Jun-1992 | Sep-1992 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
30
N/A
|
31
+3%
|
31
-1%
|
31
+0%
|
24
-23%
|
22
-9%
|
17
-21%
|
12
-30%
|
|
| Gross Profit | |||||||||
| Cost of Revenue |
(12)
|
(13)
|
(13)
|
(15)
|
(12)
|
(12)
|
(9)
|
(7)
|
|
| Gross Profit |
19
N/A
|
19
0%
|
18
-5%
|
16
-10%
|
12
-23%
|
10
-19%
|
8
-20%
|
5
-36%
|
|
| Operating Income | |||||||||
| Operating Expenses |
(14)
|
(14)
|
(15)
|
(15)
|
(18)
|
(17)
|
(18)
|
(15)
|
|
| Selling, General & Administrative |
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
|
| Depreciation & Amortization |
(8)
|
(8)
|
(8)
|
(7)
|
(10)
|
(9)
|
(10)
|
(9)
|
|
| Operating Income |
5
N/A
|
4
-13%
|
3
-28%
|
1
-54%
|
(5)
N/A
|
(7)
-32%
|
(10)
-35%
|
(10)
-7%
|
|
| Pre-Tax Income | |||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
|
| Pre-Tax Income |
5
N/A
|
4
-13%
|
3
-29%
|
1
-59%
|
(6)
N/A
|
(8)
-31%
|
(10)
-35%
|
(14)
-32%
|
|
| Net Income | |||||||||
| Tax Provision |
(2)
|
(2)
|
(1)
|
(0)
|
2
|
3
|
3
|
3
|
|
| Income from Continuing Operations |
3
|
3
|
2
|
1
|
(4)
|
(5)
|
(7)
|
(10)
|
|
| Net Income (Common) |
3
N/A
|
3
-13%
|
2
-30%
|
1
-62%
|
(4)
N/A
|
(5)
-31%
|
(8)
-61%
|
(13)
-63%
|
|
| EPS (Diluted) |
0.94
N/A
|
0.65
-31%
|
0.45
-31%
|
0.17
-62%
|
-0.94
N/A
|
-1.23
-31%
|
-1.98
-61%
|
-3.07
-55%
|
|