Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Income (Loss)

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Unaudited Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 241,713 $ 175,112 $ 472,952 $ 340,093
Costs and operating expenses:        
Selling, general and administrative expenses 865 1,050 1,771 1,088
Amortization of intangible assets 4,437 4,603 9,173 8,891
Total costs and operating expenses 227,562 187,826 446,887 343,204
Operating income (loss) 14,151 (12,714) 26,065 (3,111)
Interest expense, net 3,872 2,666 7,481 5,696
Income (loss) before income taxes 10,279 (15,380) 18,584 (8,807)
Provision for income taxes 2,731 (3,014) 4,792 (1,552)
Net income (loss) $ 7,548 $ (12,366) $ 13,792 $ (7,255)
Basic earnings per share (in dollars per share) $ 0.59 $ (0.97) $ 1.08 $ (0.59)
Basic weighted average shares outstanding (in shares) 12,778,355 12,702,366 12,760,026 12,391,166
Diluted earnings per share (in dollars per share) $ 0.59 $ (0.97) $ 1.08 $ (0.59)
Diluted weighted average shares outstanding (in shares) 12,811,078 12,702,366 12,807,249 12,391,166
Dividends declared per share (in dollars per share) $ 0.10 $ 0.09 $ 0.20 $ 0.18
Products        
Revenues:        
Total revenues $ 143,576 $ 84,463 $ 280,807 $ 163,043
Costs and operating expenses:        
Costs and operating expenses 130,978 101,325 253,433 172,037
Services        
Revenues:        
Total revenues 98,137 90,649 192,145 177,050
Costs and operating expenses:        
Costs and operating expenses $ 91,282 $ 80,848 $ 182,510 $ 161,188