Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
REVENUE - Service revenue $ 541,847 $ 434,041 $ 1,617,521 $ 1,279,148
COSTS AND EXPENSES        
Cost of services (exclusive of depreciation and amortization) 396,922 320,146 1,164,663 970,156
General and administrative (inclusive of stock-based compensation) 27,558 12,821 73,972 38,943
Depreciation and amortization 37,653 23,217 106,252 63,428
Loss on disposal of assets 31,153 16,407 81,578 43,061
Total costs and expenses 493,286 372,591 1,426,465 1,115,588
OPERATING INCOME 48,561 61,450 191,056 163,560
OTHER EXPENSE:        
Interest expense (1,749) (1,480) (5,678) (4,973)
Other expense (75) (93) (539) (505)
Total other expense (1,824) (1,573) (6,217) (5,478)
INCOME BEFORE INCOME TAXES 46,737 59,877 184,839 158,082
INCOME TAX EXPENSE (12,340) (13,592) (44,504) (35,998)
NET INCOME $ 34,397 $ 46,285 $ 140,335 $ 122,084
NET INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 0.34 $ 0.55 $ 1.40 $ 1.46
Diluted (in dollars per share) $ 0.33 $ 0.53 $ 1.35 $ 1.40
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 100,606 83,544 100,423 83,359
Diluted (in shares) 103,652 86,878 103,988 87,153