Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.7.0.1
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Oil and natural gas sales $ 21,266 $ 10,976
Operating costs and expenses:    
Production expense 7,946 11,253
Depreciation, depletion and amortization 1,869 2,238
General and administrative expense 3,127 2,247
Other operating expense   8,881
General and administrative related to shareholder matters 15 (453)
Bad debt expense and other 98 343
Total operating costs and expenses 13,055 24,509
Other operating income (loss), net (63) 18
Operating income (loss) 8,148 (13,515)
Other income (expense):    
Interest income (expense), net (403) (488)
Other, net (116) 258
Total other income (expense) (519) (230)
Income (loss) from continuing operations before income taxes 7,629 (13,745)
Income tax expense 3,194 1,685
Income (loss) from continuing operations 4,435 (15,430)
Income (loss) from discontinued operations, net of tax (176) 7,806
Net income (loss) $ 4,259 $ (7,624)
Basic net income (loss) per share:    
Income (loss) from continuing operations $ 0.07 $ (0.26)
Income (loss) from discontinued operations 0.00 0.13
Net income (loss) $ 0.07 $ (0.13)
Basic weighted average shares outstanding 58,567 58,513
Diluted net income (loss) per share:    
Income (loss) from continuing operations $ 0.07 $ (0.26)
Income (loss) from discontinued operations 0.00 0.13
Net income (loss) $ 0.07 $ (0.13)
Diluted weighted average shares outstanding 58,580 58,513