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National Oilwell Varco, Inc. Co (NOV)

-NYSE

80.23 Up 1.29(1.63%) 2:01PM EDT - Nasdaq Real Time Price

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2011Dec 31, 2010Dec 31, 2009
Total Revenue 14,658,000   12,156,000   12,712,000  
Cost of Revenue10,161,000  8,324,000  8,928,000  
Gross Profit 4,497,000   3,832,000   3,784,000  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative1,560,000  1,385,000  1,322,000  
Non Recurring -   -  147,000  
Others -   -   -  
Total Operating Expenses -   -   -  
Operating Income or Loss 2,937,000   2,447,000   2,315,000  
Income from Continuing Operations
Total Other Income/Expenses Net(21,000)(36,000)(101,000)
Earnings Before Interest And Taxes2,962,000  2,447,000  2,261,000  
Interest Expense40,000  50,000  53,000  
Income Before Tax2,922,000  2,397,000  2,208,000  
Income Tax Expense937,000  738,000  735,000  
Minority Interest9,000  8,000  (4,000)
Net Income From Continuing Ops2,040,000  1,703,000  1,516,000  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 1,994,000   1,667,000   1,469,000  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 1,994,000   1,667,000   1,469,000  

Currency in USD.