GSEHQ Financials 07/16/2014 09:24:40 GSE Holding,
Post# of 1
GSE Holding, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 417,652 476,644 464,451 342,783
Cost of Revenue 368,712 396,634 392,805 298,900
Gross Profit 48,940 80,010 71,646 43,883
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 54,440 58,981 44,474 40,078
Non-Recurring Items 51,667 - - -
Other 1,884 1,182 1,379 2,284
Operating Income (59,051) 19,847 25,793 1,521
Income From Continuing Operations
Add'l Income/Expense Items (1,979) (1,148) (1,405) 3,520
Earnings Before Interest and Tax (61,030) 18,699 24,388 5,041
Interest Expense 17,556 16,797 20,081 19,454
Earnings Before Tax (78,586) 1,902 4,307 (14,413)
Income Tax 5,940 356 3,490 (2,069)
Minority Interest - - - (25)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (84,526) 1,546 817 (12,344)
Non Recurring Events
Discontinued Operations - (462) 136 (4,428)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (84,526) 1,084 953 (16,747)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (84,526) 1,084 953 (16,747)