Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.3.0.814
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net revenues $ 17,309,000 $ 16,905,000 $ 47,264,000 $ 40,106,000
Cost of goods sold 12,363,000 11,324,000 36,809,000 32,874,000
Gross profit 4,946,000 5,581,000 10,455,000 7,232,000
Selling, general and administrative expenses 2,887,000 2,733,000 8,663,000 8,916,000
Research and development $ 583,000 $ 253,000 $ 1,500,000 941,000
Impairment loss on goodwill 380,000
Gain on disposal of property and equipment $ (23,000) $ (25,000) $ (23,000) (41,000)
Income (loss) from operations 1,499,000 2,620,000 315,000 (2,964,000)
Other income (expense):        
Interest income 16,000 7,000 36,000 20,000
Interest expense (124,000) (138,000) (390,000) (505,000)
Interest expense-financing fees (56,000) $ (52,000) (171,000) $ (133,000)
Foreign currency loss (2,000) (7,000)
Other 4,000 $ (63,000) 19,000 $ (48,000)
Income (loss) from continuing operations before taxes 1,337,000 2,374,000 (198,000) (3,630,000)
Income tax expense 53,000 30,000 124,000 90,000
Income (loss) from continuing operations, net of taxes 1,284,000 2,344,000 (322,000) (3,720,000)
(Loss) income from discontinued operations, net of taxes (377,000) (473,000) (1,313,000) 1,633,000
Net income (loss) 907,000 $ 1,871,000 (1,635,000) $ (2,087,000)
Net loss attributable to non-controlling interest 163,000 487,000
Net income (loss) attributable to Perma-Fix Environmental Services, Inc. common stockholders $ 1,070,000 $ 1,871,000 $ (1,148,000) $ (2,087,000)
Net income (loss) per common share attributable to Perma-Fix Environmental Services, Inc. stockholders - basic:        
Continuing operations (in dollars per share) $ 0.12 $ 0.20 $ 0.01 $ (0.32)
Discontinued operations (in dollars per share) (0.03) (0.04) (0.11) 0.14
Net income (loss) per common share (in dollars per share) 0.09 0.16 (0.10) (0.18)
Net income (loss) per common share attributable to Perma-Fix Environmental Services, Inc. stockholders - diluted:        
Continuing operations (in dollars per share) 0.12 0.20 0.01 (0.32)
Discontinued operations (in dollars per share) (0.03) (0.04) (0.11) 0.14
Net income (loss) per common share (in dollars per share) $ 0.09 $ 0.16 $ (0.10) $ (0.18)
Number of common shares used in computing net income (loss) per share:        
Basic (in shares) 11,526 11,449 11,506 11,434
Diluted (in shares) 11,561 11,490 11,542 11,434