Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue, Product and Service [Extensible List] Service [Member] Service [Member] Service [Member] Service [Member]
REVENUE - Service revenue $ 315,083 $ 216,887 $ 597,763 $ 378,345
COSTS AND EXPENSES        
Cost of services (exclusive of depreciation and amortization) 218,813 162,837 416,083 286,215
General and administrative (inclusive of stock-based compensation) 25,135 17,529 56,842 37,731
Depreciation and amortization 31,462 33,243 63,317 66,721
Impairment expense 57,454 0 57,454 0
Loss on disposal of assets 22,485 15,025 38,603 28,076
Total costs and expenses 355,349 228,634 632,299 418,743
OPERATING INCOME (LOSS) (40,266) (11,747) (34,536) (40,398)
OTHER INCOME (EXPENSE):        
Interest expense (669) (159) (803) (335)
Other income (expense) 6 (302) 10,364 1,487
Total other income (expense) (663) (461) 9,561 1,152
INCOME (LOSS) BEFORE INCOME TAXES (40,929) (12,208) (24,975) (39,246)
INCOME TAX (EXPENSE) BENEFIT 8,069 3,697 3,932 10,360
NET INCOME (LOSS) $ (32,860) $ (8,511) $ (21,043) $ (28,886)
NET INCOME (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ (0.32) $ (0.08) $ (0.20) $ (0.28)
Diluted (in dollars per share) $ (0.32) $ (0.08) $ (0.20) $ (0.28)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 104,236 102,398 103,961 101,976
Diluted (in shares) 104,236 102,398 103,961 101,976