goodrich petroleum corporation - RR DONNELLEY FINANCIAL

Item 6. Selected Financial Data
The following table sets forth our selected financial data and other operating information. The selected
consolidated financial data in the table are derived from our consolidated financial statements. This data should
be read in conjunction with the consolidated financial statements, related notes and other financial information
included herein.
Summary Financial Information
2011 2010 2009 2008 2007
(In thousands, except per share amounts)
Revenues:
Oil and natural gas revenues .............. $200,456 $ 148,031 $ 110,784 $ 215,369 $110,691
Other ................................ 613 302 (358) 682 614
201,069 148,333 110,426 216,051 111,305
Operating Expenses:
Lease operating expense ................. 21,490 26,306 30,188 31,950 22,465
Production and other taxes ............... 5,450 3,627 4,317 7,542 2,272
Transportation ......................... 12,974 9,856 9,459 8,645 5,964
Depreciation, depletion and amortization .... 131,811 105,913 160,361 107,123 79,766
Exploration ........................... 8,289 10,152 9,292 8,404 7,346
Impairment ........................... 8,111 234,887 208,905 28,582 7,696
General and administrative ............... 29,799 30,918 27,923 24,254 20,888
Loss (gain) on sale of assets .............. (236) 2,824 (297) (145,876) (42)
Other ................................ 448 4,268 — — 109
218,136 428,751 450,148 70,624 146,464
Operating income (loss) ..................... (17,067) (280,418) (339,722) 145,427 (35,159)
Other income (expense):
Interest expense ....................... (49,351) (37,179) (26,148) (22,410) (17,878)
Interest income and other ................ 59 117 458 1,682 11,469
Gain (loss) on derivatives not designated as
hedges ............................. 34,539 55,275 47,115 51,547 (6,439)
Gain on early extinguishment of debt ...... 62 — — — —
(14,691) 18,213 21,425 30,819 (12,848)
Income (loss) before income taxes ............. (31,758) (262,205) (318,297) 176,246 (48,007)
Income tax (expense) benefit ................. — 85 67,311 (54,472) 9,294
Net income (loss) .......................... (31,758) (262,120) (250,986) 121,774 (38,713)
Preferred stock dividends ................ 6,047 6,047 6,047 6,047 6,047
Net income (loss) applicable to common stock . . . $ (37,805) $(268,167) $(257,033) $ 115,727 $ (44,760)
PER COMMON SHARE
Net income (loss) applicable to common
stock—basic ........................ $ (1.05) $ (7.47) $ (7.17) $ 3.42 $ (1.75)
Net income (loss) applicable to common
stock—diluted ....................... $ (1.05) $ (7.47) $ (7.17) $ 3.23 $ (1.75)
Weighted average common shares outstanding—
basic .................................. 36,124 35,921 35,866 33,806 25,578
Weighted average common shares outstanding—
diluted ................................. 36,124 35,921 35,866 40,397 25,578
Balance Sheet Data:
Total assets ............................... $862,103 $ 664,577 $ 860,274 $1,038,287 $589,233
Total long-term debt ........................ 566,126 179,171 330,147 226,723 185,449
Stockholders’ equity ........................ 143,700 183,972 445,385 665,348 312,781
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