v3.22.2.2
Unaudited Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 242,487 $ 200,582 $ 715,439 $ 540,675
Costs and operating expenses:        
Selling, general and administrative expenses 981 809 2,752 1,897
Amortization of intangible assets 4,233 4,921 13,406 13,812
Total costs and operating expenses 225,215 186,690 672,102 529,894
Operating income 17,272 13,892 43,337 10,781
Interest expense, net 4,818 2,780 12,299 8,476
Income before income taxes 12,454 11,112 31,038 2,305
Provision for income taxes 3,035 2,091 7,827 539
Net income $ 9,419 $ 9,021 $ 23,211 $ 1,766
Basic earnings per share (in dollars per share) $ 0.74 $ 0.71 $ 1.82 $ 0.14
Basic weighted average shares outstanding (in shares) 12,797,727 12,704,165 12,772,731 12,496,646
Diluted earnings per share (in dollars per share) $ 0.73 $ 0.71 $ 1.81 $ 0.14
Diluted weighted average shares outstanding (in shares) 12,834,084 12,774,636 12,816,319 12,573,076
Dividends declared per share (in dollars per share) $ 0.10 $ 0.09 $ 0.30 $ 0.27
Products        
Revenues:        
Total revenues $ 138,216 $ 113,005 $ 419,023 $ 276,048
Costs and operating expenses:        
Costs and operating expenses 123,348 101,044 376,781 273,081
Services        
Revenues:        
Total revenues 104,271 87,577 296,416 264,627
Costs and operating expenses:        
Costs and operating expenses $ 96,653 $ 79,916 $ 279,163 $ 241,104

Source