2015 Q1 Form 10-K Financial Statement

#000119312516533937 Filed on April 07, 2016

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014 Q3
Revenue $14.96M $22.91M $19.55M
YoY Change -36.72% 12.98% -6.46%
Cost Of Revenue $13.20M $15.90M $16.31M
YoY Change -14.73% 3.77% -1.73%
Gross Profit $1.767M $7.007M $3.237M
YoY Change -78.36% 41.47% -24.72%
Gross Profit Margin 11.81% 30.59% 16.56%
Selling, General & Admin $8.860M $6.160M $6.670M
YoY Change 61.09% -13.6% 10.25%
% of Gross Profit 501.41% 87.91% 206.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.120M $654.0K $560.0K
YoY Change 16.92% 76.28% 48.15%
% of Gross Profit 516.13% 9.33% 17.3%
Operating Expenses $9.480M $6.813M $7.233M
YoY Change 61.5% -9.22% 12.56%
Operating Profit -$7.713M $194.0K -$3.996M
YoY Change -436.08% -107.6% 87.96%
Interest Expense -$330.0K -$150.0K -$90.00K
YoY Change 153.85% 275.0% -156.25%
% of Operating Profit -77.32%
Other Income/Expense, Net -$2.630M -$534.0K -$27.00K
YoY Change -26400.0% -3.61% -102.33%
Pretax Income -$10.67M -$340.0K -$4.023M
YoY Change -589.63% -89.05% 316.46%
Income Tax -$1.484M $57.00K -$676.0K
% Of Pretax Income
Net Earnings -$9.185M -$397.0K -$3.347M
YoY Change -615.43% -84.89% 382.97%
Net Earnings / Revenue -61.38% -1.73% -17.12%
Basic Earnings Per Share -$0.76 -$0.03 -$0.26
Diluted Earnings Per Share -$0.76 -$0.03 -$0.26
COMMON SHARES
Basic Shares Outstanding 12.48M shares 12.67M shares
Diluted Shares Outstanding 12.48M shares 12.67M shares

Balance Sheet

Concept 2015 Q1 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.200M $9.100M $9.400M
YoY Change -65.79% -62.4% -53.69%
Cash & Equivalents $5.175M $9.069M $9.427M
Short-Term Investments
Other Short-Term Assets $10.20M $12.80M $9.200M
YoY Change 25.93% 43.82% -32.35%
Inventory $11.45M $11.16M $11.73M
Prepaid Expenses
Receivables $23.69M $30.43M $29.52M
Other Receivables $3.600M $3.400M $900.0K
Total Short-Term Assets $54.15M $66.74M $60.79M
YoY Change -12.89% -1.46% -6.63%
LONG-TERM ASSETS
Property, Plant & Equipment $100.1M $112.8M $122.1M
YoY Change -22.76% 5.79% 15.3%
Goodwill $5.594M $5.661M $5.703M
YoY Change 29.49% 31.04%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $28.00K $1.902M $34.00K
YoY Change -12.5% 5494.12% -99.29%
Total Long-Term Assets $125.5M $140.5M $148.4M
YoY Change -12.42% 16.26% 25.13%
TOTAL ASSETS
Total Short-Term Assets $54.15M $66.74M $60.79M
Total Long-Term Assets $125.5M $140.5M $148.4M
Total Assets $179.6M $207.2M $209.2M
YoY Change -12.56% 9.89% 13.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.399M $6.489M $6.590M
YoY Change -77.67% -23.38% 49.77%
Accrued Expenses $3.673M $4.605M $5.500M
YoY Change 132.03% 83.83% 89.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.218M $2.421M $22.00K
YoY Change 4190.67% 2100.91% -78.0%
Total Short-Term Liabilities $10.00M $13.69M $12.78M
YoY Change -19.6% 18.25% 57.77%
LONG-TERM LIABILITIES
Long-Term Debt $23.14M $32.14M $25.12M
YoY Change 4.57% 923.6% 25022.0%
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $23.14M $32.14M $25.12M
YoY Change 4.57% 923.6% 4924.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.00M $13.69M $12.78M
Total Long-Term Liabilities $23.14M $32.14M $25.12M
Total Liabilities $33.14M $45.84M $37.90M
YoY Change -5.24% 203.6% 335.64%
SHAREHOLDERS EQUITY
Retained Earnings $51.92M $61.11M $61.51M
YoY Change -15.04% 2.99%
Common Stock $119.9M $140.0K $140.0K
YoY Change 86178.42% 0.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.85M $16.85M $9.262M
YoY Change 138.18% 138.18%
Treasury Stock Shares 1.928M shares 1.928M shares 1.234M shares
Shareholders Equity $146.5M $161.4M $171.3M
YoY Change
Total Liabilities & Shareholders Equity $179.6M $207.2M $209.2M
YoY Change -12.56% 9.89% 13.88%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income -$9.185M -$397.0K -$3.347M
YoY Change -615.43% -84.89% 382.97%
Depreciation, Depletion And Amortization $9.120M $654.0K $560.0K
YoY Change 16.92% 76.28% 48.15%
Cash From Operating Activities $8.670M -$2.610M $5.090M
YoY Change 242.69% -195.6% -32.76%
INVESTING ACTIVITIES
Capital Expenditures -$4.450M -$1.520M -$19.21M
YoY Change -85.31% -72.51% 515.71%
Acquisitions
YoY Change
Other Investing Activities $300.0K $470.0K $1.290M
YoY Change -54.55% -85.17% -39.15%
Cash From Investing Activities -$4.150M -$1.040M -$17.93M
YoY Change -86.0% -55.74% 1675.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.260M 1.840M 10.08M
YoY Change -141.78% -21.37% -644.86%
NET CHANGE
Cash From Operating Activities 8.670M -2.610M 5.090M
Cash From Investing Activities -4.150M -1.040M -17.93M
Cash From Financing Activities -8.260M 1.840M 10.08M
Net Change In Cash -3.740M -1.810M -2.760M
YoY Change -49.05% -166.54% -158.6%
FREE CASH FLOW
Cash From Operating Activities $8.670M -$2.610M $5.090M
Capital Expenditures -$4.450M -$1.520M -$19.21M
Free Cash Flow $13.12M -$1.090M $24.30M
YoY Change -60.04% -113.2% 127.32%

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CY2015 mind Incremental Common Shares Attributable To Restricted Stock
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26000 shares
CY2015 mind Revenue From External Customers
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70591000
CY2015 mind Gains Losses On Investment And Foreign Exchange
GainsLossesOnInvestmentAndForeignExchange
-3258000
CY2015 mind Income Tax Reconciliation Foreign Withholding Taxes
IncomeTaxReconciliationForeignWithholdingTaxes
920000
CY2015 mind Dilutive Shares
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249000 shares
CY2015 mind Payments To Acquire Seismic Equipment Held For Lease
PaymentsToAcquireSeismicEquipmentHeldForLease
19449000
CY2015 mind Provision For Doubtful Accounts Net Of Charge Offs
ProvisionForDoubtfulAccountsNetOfChargeOffs
2835000
CY2015 mind Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
-224000
CY2015 mind Proceeds From Sale Of Lease Pool Equipment
ProceedsFromSaleOfLeasePoolEquipment
3158000
CY2015 mind Lease Pool And Other Equipment Sales
LeasePoolAndOtherEquipmentSales
4538000
CY2015 mind Cost Of Lease Pool And Other Equipment Sales
CostOfLeasePoolAndOtherEquipmentSales
1891000
CY2015 mind Equipment Manufacturing Sales
EquipmentManufacturingSales
30310000
CY2015 mind Cost Of Equipment Manufacturing And Other Equipment Sales
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16913000
CY2015 mind Provision For Inventory Obsolescence Adjustments
ProvisionForInventoryObsolescenceAdjustments
8000
CY2015 mind Income Tax Reconciliation Potential Tax Benefit Penalties And Interest Resulting From Uncertain Tax Positions
IncomeTaxReconciliationPotentialTaxBenefitPenaltiesAndInterestResultingFromUncertainTaxPositions
-172000
CY2015 mind Cash Flows For Excess Tax Expense From Share Based Compensation Financing Activities
CashFlowsForExcessTaxExpenseFromShareBasedCompensationFinancingActivities
0
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.22
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
15047000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
261000 shares
CY2016 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
580 shares
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Amendment Flag
AmendmentFlag
false
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
15000 shares
CY2016 dei Document Type
DocumentType
10-K
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0000926423
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y3M22D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y4M10D
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
5.00
CY2016 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
10.19
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.52 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
4.03
CY2016 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-31
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 dei Entity Registrant Name
EntityRegistrantName
MITCHAM INDUSTRIES INC
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12041000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
13000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
828000 shares
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1293000
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12041000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0134 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.64
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-01-31
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0155 pure
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2"><i>Use of Estimates</i>&#x2014;The preparation of the Company&#x2019;s consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company&#x2019;s management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, the allowance for doubtful accounts, lease pool valuations, valuation allowance on deferred tax assets, the evaluation of uncertain tax positions, estimated depreciable lives of fixed assets and intangible assets, valuation of assets acquired and liabilities assumed in business combinations impairment of fixed assets and intangible assets and the valuation of stock options. Future events and their effects cannot be perceived with certainty. Accordingly, these accounting estimates require the exercise of judgment. The accounting estimates used in the preparation of the consolidated financial statements will change as new events occur, as more experience is acquired, as additional information is obtained and as the Company&#x2019;s operating environment changes. Actual results could differ from these estimates.</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 12px 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">Substantial judgment is necessary in the determination of the appropriate levels for the Company&#x2019;s allowance for doubtful accounts because of the extended payment terms the Company often offers to its customers and the limited financial wherewithal of certain of these customers. As a result, the Company&#x2019;s allowance for doubtful accounts could change in the future, and such change could be material to the financial statements taken as a whole. The Company must also make substantial judgments regarding the valuation allowance on deferred tax assets.</font></p> </div>
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2016 dei Trading Symbol
TradingSymbol
MIND
CY2016 us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2"><i>Revenue Recognition of Service Agreements</i>&#x2014;Seamap provides on-going support services pursuant to contracts that generally have a term of 12 months. The Company recognizes revenue from these contracts over the term of the contract. In some cases, the Company will provide support services on a time and material basis. Revenue from these arrangements is recognized as the services are provided. For certain new systems that Seamap sells, the Company provides support services for up to 12 months at no additional charge. Any amounts attributable to these support obligations are immaterial. Revenues from service contracts for each of the three years ended January&#xA0;31, 2016 were not material. Due to immateriality, service revenues are not presented separately in the financial statements.</font></p> </div>
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.50 pure
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.22
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P1Y7M6D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P6Y3M4D
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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336000
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-38736000
CY2016 us-gaap Revenues
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51819000
CY2016 us-gaap Interest Paid
InterestPaid
694000
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0
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10977000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
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49150000
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-82000
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0
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23710000
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-725000
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-4807000
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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1500000
CY2016 us-gaap Payments For Repurchase Of Common Stock
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-677000
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1520000
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2669000
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-274000
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NonoperatingIncomeExpense
-999000
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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416000
CY2016 us-gaap Payments To Acquire Businesses Gross
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3217000
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ComprehensiveIncomeNetOfTax
-42311000
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CY2016 us-gaap Increase Decrease In Receivables
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238000
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CY2016 us-gaap Investment Income Interest
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-15859000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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44000
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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145000
CY2016 us-gaap Current Foreign Tax Expense Benefit
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684000
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IncomeTaxReconciliationOtherAdjustments
-191000
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CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2016 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2016 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2016 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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CY2016 us-gaap Adjustments To Additional Paid In Capital Income Tax Deficiency From Share Based Compensation
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416000
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CY2016 us-gaap Amortization Of Intangible Assets
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1700000
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1241000
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3000
CY2016 us-gaap Depreciation Depletion And Amortization
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2511000
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48000
CY2016 us-gaap Deferred Income Taxes And Tax Credits
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10309000
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2201000
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6000
CY2016 mind Deferred Federal And State Income Tax Expense Benefit
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CY2016 mind Service Agreement Period
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P12M
CY2016 mind Number Of Suppliers Manufacture Land Based Seismic Systems And Equipment In Use
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2 Supplier
CY2016 mind Deferred Tax Liability Not Recognized Undistributed Foreign Earnings
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4200000
CY2016 mind Number Of Customers
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CY2016 mind Support Services Term
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P12M
CY2016 mind Maximum Amount Of Indebtedness Restricted Under Credit Agreement
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5000000
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2173000
CY2016 mind Leverage Ratio
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2.00 pure
CY2016 mind Period To Fulfill Purchase Obligations
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P180D
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2201000
CY2016 mind Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
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272000 shares
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CY2016 mind Gross Profit From Sale Of Lease Pool Equipment
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46000 shares
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CY2016 mind Dilutive Shares
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59000 shares
CY2016 mind Support Services Additional Charges
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0
CY2016 mind Standard Product Warranty Period
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CY2016 mind Capital Expenditure To Earnings Before Interest Tax And Depreciation Ratio
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509000
CY2016 mind Proceeds From Sale Of Lease Pool Equipment
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2240000
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2142000
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2946000
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1654000
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2610000
CY2016 mind Number Of Customers Entered Into Structured Payment Arrangements
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25163000
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P4Y3M26D
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6559000
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-746000
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.76
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.76
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-9185000
CY2015Q1 us-gaap Revenues
Revenues
14963000
CY2015Q1 us-gaap Gross Profit
GrossProfit
1767000
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10669000
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1484000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.23
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.23
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12163000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14675000
CY2016Q1 us-gaap Revenues
Revenues
11442000
CY2016Q1 us-gaap Gross Profit
GrossProfit
-1021000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-26838000

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