Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Income

v3.8.0.1
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Products $ 82,314 $ 87,060 $ 260,585 $ 254,325
Services 91,850 85,720 304,733 222,564
Total revenues 174,164 172,780 565,318 476,889
Costs and operating expenses:        
Products 68,678 70,884 217,606 207,001
Services 88,989 83,599 293,083 215,409
Selling, general and administrative expenses 255 652 1,178 4,173
Amortization of intangible assets 4,005 4,022 12,013 12,063
Total costs and operating expenses 161,927 159,157 523,880 438,646
Operating income 12,237 13,623 41,438 38,243
Interest expense, net 2,347 2,509 7,158 7,406
Income before income taxes 9,890 11,114 34,280 30,837
Provision for income taxes 3,251 4,026 12,541 11,228
Net income $ 6,639 $ 7,088 $ 21,739 $ 19,609
Basic earnings per share (in dollars per share) $ 0.61 $ 0.66 $ 2.01 $ 1.82
Basic weighted average common shares outstanding (in shares) 10,838,435 10,798,684 10,833,237 10,792,046
Diluted earnings per share (in dollars per share) $ 0.61 $ 0.65 $ 2.00 $ 1.81
Diluted weighted average shares outstanding (in shares) 10,856,675 10,826,007 10,855,983 10,819,697
Dividends declared per share (in dollars per share) $ 0 $ 0 $ 0.13 $ 0.115