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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue $ 292,161 $ 253,367 $ 831,175 $ 730,744
Total cost of sales, exclusive of depreciation and amortization 114,205 111,961 341,384 336,727
Selling, general and administrative 34,059 28,558 96,887 83,632
Depreciation and amortization 48,377 42,155 135,065 123,546
Long-lived and other asset impairment 2,509 2,922 9,478 8,383
Restructuring charges   592 0 1,554
Debt extinguishment loss 3,181   3,181  
Interest expense 30,179 28,339 85,372 83,550
Transaction-related costs 9,220   11,002  
Gain on sale of assets, net (2,218) (3,237) (5,175) (8,018)
Other expense (income), net (304) (235) (37) 1,831
Income before income taxes 52,953 42,312 154,018 99,539
Provision for income taxes 15,437 11,454 41,545 27,543
Net income $ 37,516 $ 30,858 $ 112,473 $ 71,996
Basic earnings per common share (in dollars per share) $ 0.22 $ 0.20 $ 0.70 $ 0.46
Diluted earnings per common share (in dollars per share) $ 0.22 $ 0.20 $ 0.70 $ 0.46
Weighted average common shares outstanding:        
Basic (in shares) 165,847 154,163 158,205 154,210
Diluted (in shares) 166,173 154,401 158,518 154,398
Contract operations        
Revenue $ 245,420 $ 207,552 $ 693,939 $ 596,417
Total cost of sales, exclusive of depreciation and amortization 79,810 75,273 236,831 230,788
Aftermarket services        
Revenue 46,741 45,815 137,236 134,327
Total cost of sales, exclusive of depreciation and amortization $ 34,395 $ 36,688 $ 104,553 $ 105,939