Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Income

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Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Products $ 89,254 $ 81,994 $ 178,271 $ 167,265
Services 104,606 78,479 212,883 136,844
Total revenues 193,860 160,473 391,154 304,109
Costs and operating expenses:        
Products 74,222 66,827 148,928 136,117
Services 100,150 75,606 204,094 131,810
Selling, general and administrative expenses 479 2,140 923 3,521
Amortization of intangible assets 4,004 4,021 8,008 8,041
Total costs and operating expenses 178,855 148,594 361,953 279,489
Operating income 15,005 11,879 29,201 24,620
Interest expense, net 2,376 2,400 4,811 4,897
Income before income taxes 12,629 9,479 24,390 19,723
Provision for income taxes 4,822 3,510 9,290 7,202
Net income $ 7,807 $ 5,969 $ 15,100 $ 12,521
Basic earnings per share (in dollars per share) $ 0.72 $ 0.56 $ 1.39 $ 1.16
Basic weighted average common shares outstanding (in shares) 10,838,435 10,798,684 10,830,595 10,788,691
Diluted earnings per share (in dollars per share) $ 0.72 $ 0.55 $ 1.39 $ 1.16
Diluted weighted average shares outstanding (in shares) 10,861,769 10,826,490 10,855,632 10,816,507
Dividends declared per share (in dollars per share) $ 0.07 $ 0.06 $ 0.13 $ 0.115