Great Lakes Dredge & Dock Corporation (GLDD) 2017年年度报告「NASDAQ」.pdf

1、2017ANNUAL REPORTGREAT LAKES DREDGE&DOCK CORPORATIONLEADING INNOVATIONFor the last 127 years,Great Lakes Dredge&Dock Corporation has been the leading provider of dredging services in the United States.The Company is also the only U.S.contractor with an international presence,having worked in the Mid

2、dle East for over two decades.In addition to dredging services,the Company is also a full-service provider of infrastructure solutions,including environmental remediation and geotechnical services.During 2017,Great Lakes took delivery of the Ellis Island,a state-of-the-art articulated tug and barge

3、trailing suction hopper dredge,which at 15,000 cubic yards capacity is the largest in the United States market.With this significant addition to the fleet as well as a revitalized strategy,the Company looks forward to continuing to provide safe and successful project execution for our clients in the

4、 coming decades.2017 ANNUAL REPORT|Great Lakes new 15,000 cubic yard ATB hopper dredge,Ellis IslandFINANCIAL HIGHLIGHTS(In thousands,except per share amounts)20172016201520142013Revenue$702,503$767,585$856,878$806,831$731,418Adjusted EBITDA from continuing operations*(a)$34,723$71,961$83,014$77,087$

5、98,880Income(loss)from continuing operations(a)$(18,563)$(8,177)$(6,189)$20,718$19,857Diluted(loss)Earnings*$(0.30)$(0.13)$(0.10)$0.34$0.33Total Assets$832,357$893,588$901,625$893,234$852,645Net Debt*$415,047$381,700$342,196$287,847$209,662*Discussion and reconciliation of adjusted EBITDA from conti

6、nuing operations to net income(loss)attributable to Great Lakes Dredge&Dock is included under Item 7 of our 10-K.|*Diluted earnings per share attributable to income from continuing operations.|*Net Debt represents outstanding debt less cash|(a)Excluding restructuring charges,Adjusted EBITDA from con