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Willbros Group, Inc.\NEW\ (WG)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-18Dec-31-17Sep-30-17Jun-30-17Mar-31-17Dec-31-16Sep-30-16Jun-30-16
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Revenues:  
    Utility T&D  112.6109.9129.9151.7115.5105.3106.4109.4
    Oil & Gas  62.675.275.349.022.423.333.154.7
    Canada  25.832.935.626.726.035.835.429.5
Total revenues   [+]201.0217.9240.8227.4163.9164.4174.8193.4
            Revenue growth   [+]22.6%32.5%37.7%17.6%-17.7%-24.5%-21.3%-11.6%
Cost of goods sold   [+]201.7249.2253.0210.4163.0159.1162.8178.3
Gross profit  -0.7-31.3-12.217.10.95.312.015.2
            Gross margin  -0.3%-14.4%-5.1%7.5%0.6%3.2%6.9%7.8%
Selling, general and administrative   [+]13.514.413.013.914.114.015.414.5
EBITDA   [+]-6.2-44.5-23.15.3-9.8-6.9-0.92.9
            EBITDA margin  -3.1%-20.4%-9.6%2.3%-6.0%-4.2%-0.5%1.5%
Depreciation and amortization  1.92.12.22.52.62.82.93.2
EBITA  -8.1-46.6-25.42.8-12.4-9.7-3.9-0.3
            EBITA margin  -4.0%-21.4%-10.5%1.2%-7.6%-5.9%-2.2%-0.2%
Amortization of intangibles  2.42.42.42.42.42.42.42.4
EBIT   [+]-10.5-49.1-27.80.4-14.9-12.1-6.3-2.7
            EBIT margin  -5.2%-22.5%-11.5%0.2%-9.1%-7.4%-3.6%-1.4%
Interest expense, net   [+]6.55.03.83.73.53.53.62.9
Other income (expense), net   [+]0.0-0.30.00.00.0-0.10.00.1
Pre-tax income  -17.0-54.4-31.6-3.3-18.3-15.7-9.9-5.6
Income taxes  -0.20.71.1-2.2-0.6-1.70.80.2
            Tax rate  1.3%  66.2%3.3%10.6%  
Earnings from continuing ops  -16.7-55.1-32.7-1.1-17.7-14.1-10.7-5.8
Earnings from discontinued ops   -1.4   -4.0  
Net income  -17.0-55.0-34.2-1.1-17.8-14.2-12.0-6.4
            Net margin  -8.4%-25.3%-14.2%-0.5%-10.8%-8.6%-6.9%-3.3%
   
Basic EPS   [+]($0.27)($0.88)($0.52)($0.02)($0.29)($0.23)($0.17)($0.09)
Diluted EPS   [+]($0.27)($0.88)($0.52)($0.02)($0.29)($0.23)($0.17)($0.09)
   
Shares outstanding (basic)   [+]62.462.362.362.261.861.761.661.3
Shares outstanding (diluted)   [+]62.462.362.362.261.861.761.661.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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