Gulf Island Fabrication, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

v2.4.1.9

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (USD $) In Thousands, except Share data	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Beginning Balance at Dec. 31, 2011	$ 282,799us-gaap_StockholdersEquity	$ 9,921	$ 91,933	$ 180,945
Beginning Balance, (in shares) at Dec. 31, 2011		14,376,443
Exercise of stock options	(71)	(8)	(63)
Exercise of stock options, (in shares)	15,065	15,065
Income tax benefit from stock compensation	259		259
Net income (loss)	(4,091)us-gaap_NetIncomeLoss			(4,091)
Vesting of restricted stock	(796)	(79)	(717)
Vesting of restricted stock, (in shares)		61,152
Compensation expense restricted stock	1,222	122	1,100
Dividends on common stock	(5,822)us-gaap_DividendsCommonStock			(5,822)
Ending Balance at Dec. 31, 2012	273,500us-gaap_StockholdersEquity	9,956	92,512	171,032
Ending Balance, (in shares) at Dec. 31, 2012		14,452,660
Exercise of stock options	203	20	183
Exercise of stock options, (in shares)	2,900	2,900
Income tax benefit from stock compensation	116		116
Net income (loss)	7,232us-gaap_NetIncomeLoss			7,232
Vesting of restricted stock	(322)	(32)	(290)
Vesting of restricted stock, (in shares)		38,188
Compensation expense restricted stock	672	68	604
Dividends on common stock	(5,839)us-gaap_DividendsCommonStock			(5,839)
Ending Balance at Dec. 31, 2013	275,562us-gaap_StockholdersEquity	10,012	93,125	172,425
Ending Balance, (in shares) at Dec. 31, 2013	14,493,748us-gaap_CommonStockSharesOutstanding	14,493,748
Net income (loss)	15,320us-gaap_NetIncomeLoss			15,320
Vesting of restricted stock	(358)	(35)	(323)
Vesting of restricted stock, (in shares)		45,356
Compensation expense restricted stock	1,139	113	1,026
Dividends on common stock	(5,865)us-gaap_DividendsCommonStock			(5,865)
Ending Balance at Dec. 31, 2014	$ 285,798us-gaap_StockholdersEquity	$ 10,090	$ 93,828	$ 181,880
Ending Balance, (in shares) at Dec. 31, 2014	14,539,104us-gaap_CommonStockSharesOutstanding	14,539,104

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