Global Industries, Ltd.

(NASDAQ:GLBL)

View:
Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Operating revenue
Total Revenue	218,551	300,543	301,465	263,028
Operating Revenue	218,551	300,543	301,465	263,028
Adjustments To Revenue	—	—	—	—
Cost Of Sales	291,671	281,632	236,007	201,598
Cost Of Sales With Depreciation	307,409	292,707	247,135	214,712
Gross Operating Profit	-73,120	18,911	65,458	61,430
Operating Expenses
Research And Development Expenses	—	—	—	—
Selling General And Administrative Expenses	25,439	24,961	23,039	22,498
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	-98,559	-6,050	42,419	38,932
Operating Income	-115,937	-17,276	33,454	28,580
Depreciation	15,738	11,075	11,128	13,114
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	-114,297	-17,125	31,291	25,818
Non Operating Expenses
Interest Expense	4,148	1,708	4,118	4,948
Pre Tax Income	-117,843	-18,003	36,956	33,231
Income Taxes	-15,056	-4,523	10,126	331
Minority Interest	—	—	—	—
Income Before Income Taxes	-117,843	-18,003	36,956	33,231
Net Income From Continuing Operations	-102,787	-13,480	26,830	32,900
Net Income From Discontinued Operations	—	—	—	—
Net Income From Total Operations	-102,787	-13,480	26,830	32,900
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	-102,787	-13,480	26,830	32,900
Normalized Income	-102,787	-13,480	26,830	33,041
NetIncome Available For Common	-102,787	-13,480	26,830	32,900
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Operating revenue
Total Revenue	992,513	1,234,849	688,615	463,331
Operating Revenue	992,513	1,234,849	688,615	463,331
Adjustments To Revenue	—	—	—	—
Cost Of Sales	674,554	835,813	518,944	351,288
Cost Of Sales With Depreciation	719,768	887,003	571,768	398,875
Gross Operating Profit	317,959	399,036	169,671	112,043
Operating Expenses
Research And Development Expenses	—	—	—	—
Selling General And Administrative Expenses	81,275	71,109	50,916	37,923
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	236,684	327,927	118,755	74,120
Operating Income	195,549	287,900	71,234	37,606
Depreciation	45,214	51,190	52,824	47,587
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	191,470	276,737	65,931	26,533
Non Operating Expenses
Interest Expense	13,439	10,787	10,192	14,797
Pre Tax Income	213,902	285,987	66,014	21,162
Income Taxes	53,942	86,242	31,256	14,640
Minority Interest	—	—	—	—
Income Before Income Taxes	213,902	285,987	66,014	21,162
Net Income From Continuing Operations	159,960	199,745	34,758	6,522
Net Income From Discontinued Operations	—	—	—	15,910
Net Income From Total Operations	159,960	199,745	34,758	22,432
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	159,960	199,745	34,758	22,432
Normalized Income	160,101	194,977	29,455	13,695
NetIncome Available For Common	159,960	199,745	34,758	6,522
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—