Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Income

v3.23.1
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 255,433 $ 231,239
Costs and operating expenses:    
Selling, general and administrative expenses 2,098 906
Amortization of intangible assets 4,360 4,736
Total costs and operating expenses 237,500 219,325
Operating income 17,933 11,914
Interest expense, net 5,977 3,609
Income before income taxes 11,956 8,305
Provision for income taxes 2,839 2,061
Net income $ 9,117 $ 6,244
Basic earnings per share (in dollars per share) $ 0.71 $ 0.49
Basic weighted average shares outstanding (in shares) 12,844,458 12,741,394
Diluted earnings per share (in dollars per share) $ 0.71 $ 0.49
Diluted weighted average shares outstanding (in shares) 12,926,424 12,803,279
Dividends declared per share (in dollars per share) $ 0.10 $ 0.10
Products    
Revenues:    
Total revenues $ 159,066 $ 137,231
Costs and operating expenses:    
Costs and operating expenses 139,011 122,455
Services    
Revenues:    
Total revenues 96,367 94,008
Costs and operating expenses:    
Costs and operating expenses $ 92,031 $ 91,228