v3.24.1.u1
Consolidated Statements of (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 241,539 $ 188,587
Costs and operating expenses:    
Selling, general and administrative expenses 2,999 2,045
Amortization of intangible assets 3,381 3,939
Total costs and operating expenses 217,365 171,809
Operating income 24,174 16,778
Interest expense, net 9,187 5,980
Income from continuing operations before income taxes 14,987 10,798
Provision for income taxes 2,887 2,678
Net income from continuing operations 12,100 8,120
(Loss) income from discontinued operations, net of tax (18,711) 997
Net (loss) income [1] $ (6,611) $ 9,117
Earnings (loss) per share:    
Basic earnings (loss) per share, continuing operations (in dollars per share) $ 0.77 $ 0.63
Basic earnings (loss) per share, discontinued operations (in dollars per share) (1.19) 0.08
Basic earnings (loss) per share (in dollars per share) (0.42) 0.71
Diluted    
Diluted earnings (loss) per share, continuing operations (in dollars per share) 0.76 0.63
Diluted earnings (loss) per share, discontinued operations (in dollars per share) (1.17) 0.08
Diluted earnings (loss) per share (in dollars per share) $ (0.41) $ 0.71
Weighted average shares outstanding:    
Basic weighted average shares outstanding (in shares) 15,783,915 12,844,458
Diluted weighted average shares outstanding (in shares) 15,939,950 12,926,424
Dividends declared per share (in dollars per share) $ 0.10 $ 0.10
Products    
Revenues:    
Total revenues $ 187,179 $ 154,446
Costs and operating expenses:    
Costs and operating expenses 162,983 135,249
Services    
Revenues:    
Total revenues 54,360 34,141
Costs and operating expenses:    
Costs and operating expenses $ 48,002 $ 30,576
[1]
(a) The cash flows related to discontinued operations and held-for-sale assets and liabilities have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.

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