Nuverra Environmental Solutions, Inc. (NES) [Rocket]

In millions, except per share items	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Rocky Mountain	59.4	103.6	127.8	82.6	196.0	334.8	304.2	25.3
Northeast	34.2	44.0	43.6	36.4	92.1	95.6	95.1	69.1
Southern	16.7	20.7	26.2	33.2	68.5	105.9	126.5	162.2
Total revenues [+]	110.3	168.2	197.5	152.2	356.7	536.3	525.8	256.7
Lease / rental				12.3	29.0	72.9	84.4	15.4
Other					327.7	463.4	441.4	241.2
Revenue growth [+]	-34.4%	-14.8%		-57.3%	-33.5%	2.0%	104.9%	63.7%
Rocky Mountain	-42.6%	-18.9%		-57.9%	-41.4%	10.1%	1100.6%
Northeast	-22.3%	1.0%		-60.4%	-3.6%	0.5%	37.6%
Southern	-19.2%	-20.9%		-51.6%	-35.3%	-16.3%	-22.0%
Cost of goods sold [+]	87.3	131.0	158.9	129.6	286.0	400.2	395.9	205.6
Direct costs					279.9	392.5	388.4	197.8
Gross profit	23.0	37.2	38.6	22.6	70.7	136.1	130.0	51.0
Gross margin	20.8%	22.1%	19.5%	14.8%	19.8%	25.4%	24.7%	19.9%
Selling, general and administrative [+]	19.0	20.9	38.5	37.0	39.3	59.2	75.1	42.7
General and administrative	19.0	20.9	38.5	37.0	39.3	59.2	75.1	42.7
Equity in earnings
Other operating expenses		-0.8	1.1		-6.1	-7.7	-6.6	-7.8
EBITDA [+]	4.0	17.1	-1.1	-14.5	37.5	84.6	61.5	16.1
EBITDA growth	-76.5%	-1730.0%		-138.6%	-55.7%	37.7%	281.9%	-19.0%
EBITDA margin	3.7%	10.2%	-0.5%	-9.5%	10.5%	15.8%	11.7%	6.3%
Depreciation	28.2	35.7	46.2	60.8	67.6	68.7	78.8	40.1
EBITA	-24.2	-18.6	-47.3	-75.2	-30.1	16.0	-17.4	-24.0
EBITA margin	-21.9%	-11.0%	-23.9%	-49.4%	-8.4%	3.0%	-3.3%	-9.4%
Amortization of intangibles	0.4	0.5	0.2		2.9	17.2	20.4	7.5
EBIT [+]	-24.6	-19.1	-47.5	-75.2	-33.0	-1.2	-37.8	-31.5
EBIT growth	29.0%	-59.9%		127.8%	2556.5%	-96.7%	19.7%	482.9%
EBIT margin	-22.3%	-11.3%	-24.0%	-49.4%	-9.3%	-0.2%	-7.2%	-12.3%
Non-recurring items [+]	15.6	31.1	4.8	42.2	111.8	416.4	111.9	6.0
Asset impairment	15.6	31.1	4.8	42.2	111.8	416.4	111.9	6.0
Interest expense	4.1	5.2	6.0	54.5	49.2	50.9	53.7	26.6
Interest expense	4.1	5.2	6.0	54.5	49.2	50.9	53.7	26.6
Other income (expense), net [+]	0.1	0.3	-0.8	5.1	-1.3	-1.1	-3.8	-5.2
Reorganization items	-0.1	-0.2	-1.7
Gain (loss) on debt retirement				-0.7	-2.1	-3.2		-2.6
Other	0.2	0.5	0.9	5.8	1.9	4.2	-3.8	-2.5
Pre-tax income	-44.1	-55.0	-59.1	-166.8	-195.3	-469.6	-207.1	-69.4
Income taxes	0.0	-0.1	0.2	0.8	-0.1	-12.5	-73.1	-62.8
Tax rate		0.2%			0.1%	2.7%	35.3%	90.5%
Earnings from continuing ops	-44.1	-54.9	-59.3	-166.4	-194.9	-398.8	-35.8	-15.7
Earnings from discontinued ops				-1.2	-0.3	-58.4	-98.3	9.1
Net income	-44.1	-54.9	-59.3	-167.6	-195.2	-457.2	-134.0	-6.6
Net margin	-40.0%	-32.7%	-30.0%	-110.1%	-54.7%	-85.2%	-25.5%	-2.6%

Basic EPS [+]	($2.80)	($3.50)	($5.01)	($1.83)	($7.04)	($15.28)	($1.46)	($1.05)
Growth	-20.1%	-30.0%		-74.0%	-53.9%	945.9%	39.4%	-100.1%
Diluted EPS [+]	($2.80)	($3.50)	($5.01)	($1.83)	($7.04)	($15.28)	($1.46)	($1.05)
Growth	-20.1%	-30.0%		-74.0%	-53.9%	945.9%	39.4%	-100.1%

Shares outstanding (basic) [+]	15.8	15.7	11.8	91.0	27.7	26.1	24.5	15.0
Growth	0.6%	32.5%		228.7%	6.1%	6.5%	63.3%	130772.0%
Shares outstanding (diluted) [+]	15.8	15.7	11.8	91.0	27.7	26.1	24.5	15.0
Growth	0.6%	32.5%		228.7%	6.1%	6.5%	63.3%	130772.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.