Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Loss

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Unaudited Consolidated Statements of Loss - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 175,112 $ 168,715 $ 340,093 $ 346,133
Costs and operating expenses:        
Selling, general and administrative expenses 1,050 1,295 1,088 1,543
Amortization of intangible assets 4,603 4,464 8,891 9,187
Total costs and operating expenses 187,826 156,213 343,204 317,469
Operating income before non-recurring items (12,714) 12,502 (3,111) 28,664
Loss on sale of a business entity and certain assets 0 (678) 0 (8,214)
Gain on sale of property 0 0 0 1,108
Goodwill and intangible asset impairment 0 (33,734) 0 (33,734)
Operating loss (12,714) (21,910) (3,111) (12,176)
Interest expense, net 2,666 3,072 5,696 6,558
Loss before income taxes (15,380) (24,982) (8,807) (18,734)
Provision for income taxes (3,014) (2,358) (1,552) 558
Net loss $ (12,366) $ (22,624) $ (7,255) $ (19,292)
Basic earnings per share (in dollars per share) $ (0.97) $ (2.05) $ (0.59) $ (1.75)
Basic weighted average shares outstanding (in shares) 12,702,366 11,041,235 12,391,166 11,020,720
Diluted earnings per share (in dollars per share) $ (0.97) $ (2.05) $ (0.59) $ (1.75)
Diluted weighted average shares outstanding (in shares) 12,702,366 11,041,235 12,391,166 11,020,720
Dividends declared per share (in dollars per share) $ 0.09 $ 0.09 $ 0.18 $ 0.18
Products        
Revenues:        
Total revenues $ 84,463 $ 85,747 $ 163,043 $ 162,089
Costs and operating expenses:        
Costs and operating expenses 101,325 76,522 172,037 142,049
Services        
Revenues:        
Total revenues 90,649 82,968 177,050 184,044
Costs and operating expenses:        
Costs and operating expenses $ 80,848 $ 73,932 $ 161,188 $ 164,690