Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
REVENUE - Service revenue $ 213,492 $ 68,165 $ 385,423 $ 156,095
COSTS AND EXPENSES        
Cost of services (exclusive of depreciation and amortization) 176,777 64,849 326,342 145,139
General and administrative (inclusive of stock-based compensation) 7,916 5,536 27,776 11,340
Depreciation and amortization 12,706 10,794 23,857 21,879
Loss on disposal of assets 9,787 2,169 20,229 6,936
Total costs and expenses 207,186 83,348 398,204 185,294
OPERATING INCOME (LOSS) 6,306 (15,183) (12,781) (29,199)
OTHER INCOME (EXPENSE):        
Interest expense (650) (5,977) (5,825) (11,392)
Gain on extinguishment of debt 0 6,975 0 6,975
Other expense (627) (14) (602) (312)
Total other income (expense) (1,277) 984 (6,427) (4,729)
INCOME (LOSS) BEFORE INCOME TAXES 5,029 (14,199) (19,208) (33,928)
INCOME TAX (EXPENSE)/BENEFIT (108) 4,905 (223) 11,697
NET INCOME (LOSS) $ 4,921 $ (9,294) $ (19,431) $ (22,231)
NET INCOME (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ 0.06 $ (0.24) $ (0.28) $ (0.60)
Diluted (in dollars per share) $ 0.06 $ (0.24) $ (0.28) $ (0.60)
Denominator        
Basic (in shares) 83,040 39,496 69,593 37,244
Diluted (in shares) 86,279 39,496 69,593 37,244