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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 270,526 $ 247,543 $ 539,014 $ 477,377
Total cost of sales, exclusive of depreciation and amortization 114,436 111,376 227,179 224,766
Selling, general and administrative 31,163 28,649 62,828 55,074
Depreciation and amortization 43,853 41,210 86,688 81,391
Long-lived and other asset impairment 4,401 2,892 6,969 5,461
Restructuring charges   (85)   962
Interest expense 27,859 28,630 55,193 55,211
Transaction-related costs 1,782   1,782  
Gain on sale of assets, net (576) (1,176) (2,957) (4,781)
Other expense, net 128 1,463 267 2,066
Income before income taxes 47,480 34,584 101,065 57,227
Provision for income taxes 13,055 9,931 26,108 16,089
Net income $ 34,425 $ 24,653 $ 74,957 $ 41,138
Basic earnings per common share (in dollars per share) $ 0.22 $ 0.16 $ 0.48 $ 0.26
Diluted earnings per common share (in dollars per share) $ 0.22 $ 0.16 $ 0.48 $ 0.26
Weighted average common shares outstanding:        
Basic (in shares) 154,496 154,358 154,342 154,234
Diluted (in shares) 154,785 154,412 154,648 154,326
Contract operations        
Revenue $ 225,468 $ 201,120 $ 448,519 $ 388,865
Total cost of sales, exclusive of depreciation and amortization 79,278 76,033 157,021 155,515
Aftermarket services        
Revenue 45,058 46,423 90,495 88,512
Total cost of sales, exclusive of depreciation and amortization $ 35,158 $ 35,343 $ 70,158 $ 69,251