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Income Statement
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Cash Flow Statement

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Op Efficiency
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SYNERGY RESOURCES Corp (SRCI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Aug-31-15Aug-31-14Aug-31-13Aug-31-12
   10-K10-K10-K8-K10-K10-K10-K10-K/A
Revenues   [+]714.6402.0112.9106.1124.8104.246.225.0
            Revenue growth  77.8%256.1%6.4% 19.8%125.5%85.1%333.9%
Cost of goods sold   [+]69.039.55.716.115.08.03.49.7
Gross profit  645.6362.5107.190.0109.896.242.815.3
            Gross margin  90.3%90.2%94.9%84.8%88.0%92.3%92.6%61.3%
Selling, general and administrative   [+]38.633.030.531.219.010.15.73.6
Other operating expenses  287.7168.971.5215.592.541.817.3 
EBITDA   [+]319.3160.65.1 -1.7   
            EBITDA margin  44.7%40.0%4.5%-147.8%-1.3%41.7%42.3%47.1%
Depreciation and amortization  4.33.01.5 0.7   
EBIT   [+]315.0157.63.6-156.7-2.443.519.511.8
            EBIT margin  44.1%39.2%3.2%-147.8%-1.9%41.7%42.3%47.1%
Non-recurring items   [+]40.7 215.2     
Interest expense, net   [+]-0.111.5-0.20.10.2-0.10.10.0
Other income (expense), net   [+]23.6-3.7-7.7156.932.31.3-3.0 
Pre-tax income  298.0142.4-219.10.029.743.916.511.8
Income taxes  38.0-0.10.1-14.111.715.06.9-0.3
            Tax rate  12.7%   39.3%34.2%41.8% 
Net income  260.0142.5-219.20.018.028.99.612.1
            Net margin  36.4%35.4%-194.2%0.0%14.5%27.7%20.7%48.6%
   
Basic EPS   [+]$1.07$0.69($1.26)$0.00$0.19$0.38$0.17$0.26
Diluted EPS   [+]$1.07$0.69($1.26)$0.00$0.19$0.37$0.16$0.25
   
Shares outstanding (basic)   [+]242.3206.2173.8103.994.676.257.146.6
Shares outstanding (diluted)   [+]243.0206.7173.8103.995.377.859.148.4
   
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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