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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net revenues $ 174,679,000 $ 180,045,000 $ 197,554,000
Cost of services and products 114,657,000 120,425,000 121,915,000
Impairment of multi-client data library 9,072,000 0 2,304,000
Gross profit 60,022,000 59,620,000 75,639,000
Operating expenses:      
Research, development and engineering 19,025,000 18,182,000 16,431,000
Marketing and sales 23,207,000 21,793,000 20,778,000
General, administrative and other operating expenses 42,249,000 37,364,000 47,129,000
Impairment of long-lived assets 0 36,553,000 0
Total operating expenses 84,481,000 113,892,000 84,338,000
Income (loss) from operations (24,459,000) (54,272,000) (8,699,000)
Interest expense, net (13,074,000) (12,972,000) (16,709,000)
Other expense, net (1,617,000) (436,000) (3,945,000)
Loss before income taxes (39,150,000) (67,680,000) (29,353,000)
Income tax expense 8,064,000 2,718,000 24,000
Net income (loss) (47,214,000) (70,398,000) (29,377,000)
Less: Net income attributable to noncontrolling interests (985,000) (773,000) (865,000)
Net loss attributable to ION $ (48,199,000) $ (71,171,000) $ (30,242,000)
Net loss per share:      
Basic (usd per share) $ (3.41) $ (5.20) $ (2.55)
Diluted (usd per share) $ (3.41) $ (5.20) $ (2.55)
Weighted average number of common shares outstanding:      
Basic (in shares) 14,131 13,692 11,876
Diluted (in shares) 14,131 13,692 11,876
Service      
Net revenues $ 131,280,000 $ 139,038,000 $ 159,410,000
Cost of services and products 83,519,000 100,557,000 100,820,000
Product      
Net revenues 43,399,000 41,007,000 38,144,000
Cost of services and products $ 22,066,000 $ 19,868,000 $ 18,791,000