Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenue from Contract with Customer, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
REVENUE - Service revenue $ 789,232 $ 2,052,314 $ 1,704,562
Cost, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $ 584,279 $ 1,470,356 $ 1,270,577
COSTS AND EXPENSES:      
General and administrative (inclusive of stock‑based compensation) 86,768 105,076 53,958
Depreciation and amortization 153,290 145,304 88,138
Impairment expense 38,002 3,405 0
Loss on disposal of assets 58,136 106,811 59,220
Total costs and expenses 920,475 1,830,952 1,471,893
OPERATING (LOSS) INCOME (131,243) 221,362 232,669
OTHER EXPENSE:      
Interest expense (2,383) (7,141) (6,889)
Other expense (874) (717) (663)
Total other expense (3,257) (7,858) (7,552)
(LOSS) INCOME BEFORE INCOME TAXES (134,500) 213,504 225,117
INCOME TAX BENEFIT/ (EXPENSE) 27,480 (50,494) (51,255)
NET (LOSS) INCOME $ (107,020) $ 163,010 $ 173,862
NET (LOSS) INCOME PER COMMON SHARE:      
Basic (in dollars per share) $ (1.06) $ 1.62 $ 2.08
Diluted (in dollars per share) $ (1.06) $ 1.57 $ 2.00
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 100,829 100,472 83,460
Diluted (in shares) 100,829 103,750 87,046