v3.20.1
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total revenues $ 177,418 $ 169,919
Costs and operating expenses:    
Selling, general and administrative expenses 248 1,382
Amortization of intangible assets 4,723 4,991
Total costs and operating expenses 161,256 158,106
Operating income before non-recurring items 16,162 11,813
Loss on sale of a business entity and certain assets (7,536) 0
Gain on sale of property 1,108 0
Operating income 9,734 11,813
Interest expense, net 3,486 3,158
Income before income taxes 6,248 8,655
Provision for income taxes 2,916 2,052
Net income $ 3,332 $ 6,603
Basic earnings per share (in dollars per share) $ 0.30 $ 0.60
Basic weighted average common shares outstanding (in shares) 11,000,204 10,920,171
Diluted earnings per share (in dollars per share) $ 0.30 $ 0.60
Diluted weighted average shares outstanding (in shares) 11,100,506 10,974,081
Dividends declared per share (in dollars per share) $ 0.09 $ 0.08
Products    
Revenues:    
Total revenues $ 76,342 $ 73,741
Costs and operating expenses:    
Costs and operating expenses 65,527 62,857
Services    
Revenues:    
Total revenues 101,076 96,178
Costs and operating expenses:    
Costs and operating expenses $ 90,758 $ 88,876

Source