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SEC Filings

8-K
KEY ENERGY SERVICES INC filed this Form 8-K on 02/27/2018
Entire Document
 


 
http://api.tenkwizard.com/cgi/image?quest=1&rid=23&ipage=12085547&doc=3
 
February 26, 2017

 
 
 


 
Three Months Ended December 31, 2017
 
U.S. Rig Services
 
Fluid Management Services
 
Coiled Tubing Services
 
Fishing and Rental Services
 
International
 
Functional Support
 
Total
Net income (loss)
$
(844
)
 
$
(2,052
)
 
$
1,737

 
$
(3,737
)
 
$
(224
)
 
$
(17,207
)
 
$
(22,327
)
Income tax benefit

 

 

 

 

 
(464
)
 
(464
)
Interest expense, net of amounts capitalized

 

 

 

 

 
8,125

 
8,125

Interest income

 

 

 

 

 
(176
)
 
(176
)
Depreciation and amortization
8,265

 
5,290

 
1,231

 
5,799

 

 
632

 
21,217

EBITDA
$
7,421

 
$
3,238

 
$
2,968

 
$
2,062

 
$
(224
)
 
$
(9,090
)
 
$
6,375

    % of revenues
11.5
%
 
13.9
%
 
20.0
%
 
15.4
%
 
%
 
%
 
5.5
%
Stock-based compensation expense
(418
)
 
(7
)
 
(64
)
 

 

 
(3,500
)
 
(3,989
)
(Gain) loss on sale of assets
(342
)
 
(108
)
 
13

 
(159
)
 

 

 
(596
)
Adjusted EBITDA
$
6,661

 
$
3,123

 
$
2,917

 
$
1,903

 
$
(224
)
 
$
(12,590
)
 
$
1,790

    % of revenues
10.3
%
 
13.4
%
 
19.6
%
 
14.2
%
 
%
 
%
 
1.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
64,804

 
$
23,251

 
$
14,861

 
$
13,364

 
$

 
$

 
$
116,280



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