Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Income

v3.5.0.2
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Products $ 87,060 $ 83,644 $ 254,325 $ 233,603
Services 85,720 53,752 222,564 155,710
Total revenues 172,780 137,396 476,889 389,313
Costs and operating expenses:        
Products 70,884 68,719 207,001 190,072
Services 83,599 50,906 215,409 149,431
Selling, general and administrative expenses 652 501 4,173 2,618
Amortization of intangible assets 4,022 4,027 12,063 11,769
Total costs and operating expenses 159,157 124,153 438,646 353,890
Operating income 13,623 13,243 38,243 35,423
Interest expense, net 2,509 2,441 7,406 7,001
Income before income taxes 11,114 10,802 30,837 28,422
Provision for income taxes 4,026 4,328 11,228 11,249
Net income $ 7,088 $ 6,474 $ 19,609 $ 17,173
Basic earnings per share (in dollars per share) $ 0.66 $ 0.60 $ 1.82 $ 1.60
Basic weighted average common shares outstanding (in shares) 10,798,684 10,749,726 10,792,046 10,746,318
Diluted earnings per share (in dollars per share) $ 0.65 $ 0.60 $ 1.81 $ 1.59
Diluted weighted average shares outstanding (in shares) 10,826,007 10,792,348 10,819,697 10,778,258
Dividends declared per share (in dollars per share) $ 0 $ 0 $ 0.115 $ 0.105