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Memorial Production Partners LP (MEMP)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]340.1284.1355.4561.7391.4255.6234.692.1
            Revenue growth   -20.1%-36.7%43.5%53.1%8.9%154.7%270.5%
Cost of goods sold   [+]138.8161.2203.1175.6119.680.165.233.7
Gross profit  201.3122.9152.3386.1271.8175.5169.458.4
            Gross margin  59.2%43.3%42.8%68.7%69.4%68.7%72.2%63.4%
Selling, general and administrative   [+]63.51.02.32.81.3191.026.710.5
Other operating expenses   [+]4.0470.9325.7121.2122.3-76.2-83.711.9
EBITDA   [+]133.9-177.420.1448.1262.0136.7226.435.9
            EBITDA margin  39.4%-62.4%5.7%79.8%66.9%53.5%96.5%39.0%
Depreciation and amortization  52.3171.6195.8186.0113.876.061.929.7
EBIT   [+]81.5-349.0-175.7262.1148.260.7164.56.2
            EBIT margin  24.0%-122.9%-49.4%46.7%37.9%23.7%70.1%6.7%
Interest expense  21.987.5107.363.742.613.915.03.4
Other income (expense), net   [+]-5.0-103.7-114.7-84.2-44.3 -0.6-0.9
Pre-tax income  54.6-540.2-397.7114.261.346.8148.91.9
Income taxes  0.00.2-2.2-1.40.30.3-0.1-0.2
            Tax rate  0.0% 0.5% 0.5%0.6%  
Minority interest        0.10.0
Net income  54.6-540.2-393.4117.88.70.16.61.6
            Net margin  16.1%-190.2%-110.7%21.0%2.2%0.0%2.8%1.8%
   
Basic EPS   [+]$2.19($6.48)($4.71)$1.66$0.19$0.01$1.23 
Diluted EPS   [+]$2.19($6.48)($4.71)$1.66$0.19$0.01$0.40 
   
Dividends per share   [+] $0.16$1.95$2.19$2.10$1.51  
   
Shares outstanding (basic)   [+]25.083.483.570.946.022.95.4 
Shares outstanding (diluted)   [+]25.083.483.570.946.022.916.4 
   
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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