Approach Resources Inc.Fort Worth, TX, United States (NASDAQ (GM): AREX)

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Approach Resources Income Statement

All amounts in millions of except per share amounts.
View: Annual
Dec 07 Dec 06 Dec 05
Revenue 39.1 46.7 43.3
Cost of Goods Sold 4.7 7.3 5.6
Gross Profit 34.4 39.4 37.6
Gross Profit Margin 88.0% 84.4% 87.0%
SG&A Expense 14.5 2.9 2.6
Depreciation & Amortization 13.2 14.6 8.1
Operating Income 6.7 21.9 27.0
Operating Margin 17.2% 46.9% 62.4%
Nonoperating Income 1.1 14.9 (7.1)
Nonoperating Expenses 5.2 3.8 0.8
Income Before Taxes 2.6 33.0 19.1
Income Taxes (0.1) 11.8 7.0
Net Income After Taxes 2.7 21.2 12.1

Continuing Operations 2.7 21.2 12.1
Discontinued Operations -- -- --
Total Operations 2.7 21.2 12.1
Total Net Income 2.7 21.2 12.1
Net Profit Margin 6.9% 45.4% 27.9%

Diluted EPS from Total Net Income ($) 0.24 6.84 4.03
Dividends per Share -- -- --
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