Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenue, Product and Service [Extensible List] Service [Member] Service [Member] Service [Member] Service [Member]
REVENUE - Service revenue $ 333,014 $ 250,099 $ 930,776 $ 628,444
COSTS AND EXPENSES        
Cost of services (exclusive of depreciation and amortization) 224,118 188,690 640,202 474,905
General and administrative (inclusive of stock-based compensation) 28,190 21,348 85,031 59,079
Depreciation and amortization 30,417 33,531 93,734 100,253
Impairment expense 0 0 57,454 0
Loss on disposal of assets 36,636 12,424 75,240 40,500
Total costs and expenses 319,361 255,993 951,661 674,737
OPERATING INCOME (LOSS) 13,653 (5,894) (20,885) (46,293)
OTHER INCOME (EXPENSE):        
Interest expense (237) (143) (1,040) (477)
Other income (expense) (616) (309) 9,749 1,178
Total other income (expense) (853) (452) 8,709 701
INCOME (LOSS) BEFORE INCOME TAXES 12,800 (6,346) (12,176) (45,592)
INCOME TAX (EXPENSE) BENEFIT (2,768) 1,279 1,164 11,639
NET INCOME (LOSS) $ 10,032 $ (5,067) $ (11,012) $ (33,953)
NET INCOME (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ 0.10 $ (0.05) $ (0.11) $ (0.33)
Diluted (in dollars per share) $ 0.10 $ (0.05) $ (0.11) $ (0.33)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 104,372 103,257 104,100 102,408
Diluted (in shares) 105,070 103,257 104,100 102,408