v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
REVENUE:        
Revenue $ 124,609 $ 130,159 $ 246,406 $ 253,744
OPERATING EXPENSES:        
General and administrative expense, exclusive of depreciation expense shown below 10,953 10,464 25,671 24,111
Depreciation 3,685 3,561 7,241 7,154
Amortization 140 109 348 233
Other (income) expense, net (691) (2,967) (1,336) (632)
OPERATING INCOME 9,151 15,291 11,038 19,708
Interest expense 2,846 2,711 5,737 5,313
Income before income taxes 6,305 12,580 5,301 14,395
Income tax expense 507 1,911 256 3,657
Net income 5,798 10,669 5,045 10,738
Net income (loss) attributable to non-controlling interest (158) 33 (122) 256
Net income attributable to Core Laboratories Inc. $ 5,956 $ 10,636 $ 5,167 $ 10,482
EARNINGS PER SHARE INFORMATION:        
Basic earnings per share $ 0.13 $ 0.23 $ 0.11 $ 0.23
Basic earnings per share attributable to Core Laboratories Inc. 0.13 0.23 0.11 0.22
Diluted earnings per share 0.12 0.23 0.11 0.23
Diluted earnings per share attributable to Core Laboratories Inc. $ 0.13 $ 0.22 $ 0.11 $ 0.22
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic 46,030 46,632 46,052 46,702
Diluted 46,878 47,364 46,954 47,509
Service [Member]        
REVENUE:        
Revenue $ 94,277 $ 96,219 $ 188,529 $ 191,310
OPERATING EXPENSES:        
Cost of services and product sales exclusive of depreciation expense shown below 75,736 74,053 151,851 147,033
Product [Member]        
REVENUE:        
Revenue 30,332 33,940 57,877 62,434
OPERATING EXPENSES:        
Cost of services and product sales exclusive of depreciation expense shown below $ 25,635 $ 29,648 $ 51,593 $ 56,137