Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v3.6.0.2
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Products $ 341,776 $ 318,141 $ 172,986
Services 350,014 215,841 251,085
Total revenues 691,790 533,982 424,071
Costs and operating expenses:      
Products 279,629 258,009 135,242
Services 337,956 206,570 237,711
Selling, general and administrative expenses 6,609 3,288 4,140
Amortization of intangible assets 16,067 15,576 10,048
Total costs and operating expenses 640,261 483,443 387,141
Operating income 51,529 50,539 36,930
Interest expense, net 9,855 9,544 3,983
Income from continuing operations before income taxes 41,674 40,995 32,947
Provision for income taxes 14,881 16,077 12,458
Income from continuing operations 26,793 24,918 20,489
Loss from discontinued operations, net of tax 0 0 (1,124)
Net income $ 26,793 $ 24,918 $ 19,365
Basic earnings per share:      
Income from continuing operations (in dollars per share) $ 2.48 $ 2.32 $ 1.91
Loss from discontinued operations (in dollars per share) 0.00 0.00 (0.10)
Net income (in dollars per share) $ 2.48 $ 2.32 $ 1.81
Basic weighted average shares outstanding (in shares) 10,793,723 10,747,226 10,707,824
Diluted earnings per share:      
Income from continuing operations (in dollars per share) $ 2.47 $ 2.31 $ 1.91
Loss from discontinued operations (in dollars per share) 0.00 0.00 (0.10)
Net income (in dollars per share) $ 2.47 $ 2.31 $ 1.81
Diluted weighted average shares outstanding (in shares) 10,828,152 10,787,270 10,742,400