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EXCEL - IDEA: XBRL DOCUMENT - GOODRICH PETROLEUM CORPFinancial_Report.xls
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EX-99.1 - "ITEM 8. FINANCIAL STATEMENTS" OF GOODRICH PETROLEUM CORPORATION'S ANNUAL REPORT - GOODRICH PETROLEUM CORPd278099dex991.htm
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v2.4.0.6
Summarized Quarterly Financial Data
12 Months Ended
Dec. 31, 2010
Summarized Quarterly Financial Data  
Summarized Quarterly Financial Data

NOTE 16—Summarized Quarterly Financial Data (Unaudited)

 

(In Thousands, Except Per Share Amounts)

 

    First
Quarter
    Second
Quarter
    Third
Quarter (1)
    Fourth
Quarter
    Total  

2010

         

Revenues

  $ 40,455      $ 34,162      $ 37,424      $ 36,292      $ 148,333   

Operating loss

    (21,331     (12,777     (238,482     (7,828     (280,418

Net income (loss)

    4,331        (21,599     (225,131     (19,721     (262,120

Net income (loss) applicable to common stock

    2,819        (23,111     (226,642     (21,233     (268,167

Basic income (loss) per common share

    0.08        (0.64     (6.31     (0.59     (7.47

Diluted income (loss) per common share

    0.08        (0.64     (6.31     (0.59     (7.47

2009

         

Revenues

  $ 28,461      $ 26,263      $ 23,525      $ 32,177      $ 110,426   

Operating income (loss)

    (27,546     (53,947     (37,740     (220,489     (339,722

Net income (loss)

    3,144        (34,982     (29,519     (189,629     (250,986

Net income (loss) applicable to common stock

    1,632        (36,494     (31,031     (191,140     (257,033

Basic income (loss) per common share

    0.05        (1.02     (0.87     (5.34     (7.17

Diluted income (loss) per common share

    0.05        (1.02     (0.87     (5.34     (7.17

(1) The carrying amount of our oil and natural gas properties was impaired by $234.9 million as of September 30, 2010. This amount includes an increase of $11.6 million from the previously reported amount of $223.3 million as a result of further review of our September 30, 2010 impairment analysis.