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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 itemsDec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States  728.8588.5676.51,189.81,049.71,611.11,211.0839.5
    Utility T&D  507.0418.4379.6363.8387.0425.7388.4166.0
    Oil & Gas  221.9170.4297.1826.1663.3808.2560.2753.7
    Canada  121.2143.1232.5404.6445.2216.8153.4157.7
Total revenues   [+]850.0731.7909.01,594.41,495.11,835.21,409.11,089.5
            Revenue growth   [+]16.2%-19.5%-43.0%6.6%-18.5%30.2%29.3%-8.1%
Cost of goods sold  874.7685.4868.21,497.61,360.01,653.41,249.0944.5
Gross profit  -24.846.340.896.8135.1181.8160.0145.0
            Gross margin  -2.9%6.3%4.5%6.1%9.0%9.9%11.4%13.3%
Selling, general and administrative   [+]54.761.077.3108.6122.4150.1127.5108.6
EBITDA   [+]-72.2-8.7-24.93.437.361.639.392.1
            EBITDA margin  -8.5%-1.2%-2.7%0.2%2.5%3.4%2.8%8.4%
Depreciation and amortization  9.512.217.322.024.530.837.636.6
EBITA  -81.7-20.9-42.2-18.612.730.81.655.4
            EBITA margin  -9.6%-2.9%-4.6%-1.2%0.9%1.7%0.1%5.1%
Amortization of intangibles  9.79.89.99.99.912.415.19.4
EBIT   [+]-91.3-30.7-52.1-28.42.818.4-13.546.0
            EBIT margin  -10.7%-4.2%-5.7%-1.8%0.2%1.0%-1.0%4.2%
Non-recurring items   [+]     8.1178.660.0
Interest expense, net   [+]16.013.527.230.431.229.445.027.6
Other income (expense), net   [+]-0.3-0.1-39.3-15.6-12.3-5.0-8.01.6
Pre-tax income  -107.6-44.3-118.6-74.4-40.7-24.0-245.1-40.0
Income taxes  -1.0-0.5-54.00.2-4.04.7-33.614.0
            Tax rate  0.9%1.2%45.6% 9.8% 13.7% 
Minority interest       1.01.21.2
Earnings from continuing ops  -106.7-43.8-129.1-74.6-73.4-28.7-211.6-37.0
Earnings from discontinued ops  -1.4-4.096.0-5.220.8-1.5-82.4 
Net income  -108.1-47.8-33.1-79.8-52.6-30.2-294.0-37.0
            Net margin  -12.7%-6.5%-3.6%-5.0%-3.5%-1.6%-20.9%-3.4%
   
Basic EPS   [+]($1.72)($0.71)($2.24)($1.51)($1.51)($0.60)($4.46)($0.86)
Diluted EPS   [+]($1.72)($0.71)($2.24)($1.51)($1.51)($0.60)($4.46)($0.86)
   
Shares outstanding (basic)   [+]62.261.457.849.348.648.047.543.0
Shares outstanding (diluted)   [+]62.261.457.849.348.648.047.543.0
   
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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