XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Service revenues $ 160,480 $ 384,938 $ 391,317
Product revenues 61,033 124,620 157,850
Total net revenues 221,513 509,558 549,167
Cost of services 179,816 278,627 272,047
Cost of products 33,295 68,608 112,346
Impairment of multi-client data library 399 100,100 5,461
Gross profit 8,003 62,223 159,313
Operating expenses:      
Research, development and engineering 26,445 41,009 37,742
Marketing and sales 30,493 39,682 38,583
General, administrative, and other operating expense 51,697 76,177 66,592
Impairment of goodwill and intangible assets 0 23,284 0
Total operating expenses 108,635 180,152 142,917
Income (loss) from operations (100,632) (117,929) 16,396
Interest expense, net (18,753) (19,382) (12,344)
Equity in losses of investments 0 (49,485) (42,320)
Other income (expense) 98,275 79,860 (182,530)
Loss before income taxes (21,110) (106,936) (220,798)
Income tax expense 4,044 20,582 25,720
Net loss (25,154) (127,518) (246,518)
Net (income) loss attributable to noncontrolling interests 32 (734) 658
Net loss attributable to ION (25,122) (128,252) (245,860)
Preferred stock dividends 0 0 1,014
Conversion payment of preferred stock 0 0 5,000
Net loss applicable to common shares $ (25,122) $ (128,252) $ (251,874)
Net loss per share:      
Basic (usd per share) $ (2.29) $ (11.72) $ (23.84)
Diluted (usd per share) $ (2.29) $ (11.72) $ (23.84)
Weighted average number of common shares outstanding:      
Basic (in shares) 10,957 10,939 10,567
Diluted (in shares) 10,957 10,939 10,567