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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total revenue $ 382,430 $ 292,161 $ 1,112,745 $ 831,175
Total cost of sales, exclusive of depreciation and amortization 129,825 114,205 400,919 341,384
Selling, general and administrative 37,676 34,059 111,127 96,887
Depreciation and amortization 67,130 48,377 187,889 135,065
Long-lived and other asset impairment 4,676 2,509 16,495 9,478
Restructuring charges 688   1,497  
Debt extinguishment loss   3,181   3,181
Interest expense 43,661 30,179 123,113 85,372
Transaction-related costs 1,767 9,220 11,829 11,002
Gain on sale of assets, net (3,835) (2,218) (15,467) (5,175)
Other expense (income), net 3,984 (304) 459 (37)
Income before income taxes 96,858 52,953 274,884 154,018
Provision for income taxes 25,425 15,437 68,994 41,545
Income before equity in net loss of unconsolidated affiliate 71,433 37,516 205,890 112,473
Equity in net loss of unconsolidated affiliate, net of tax 185   372  
Net income $ 71,248 $ 37,516 $ 205,518 $ 112,473
Basic earnings per common share (in dollars per share) $ 0.4 $ 0.22 $ 1.16 $ 0.7
Diluted earnings per common share (in dollars per share) $ 0.4 $ 0.22 $ 1.16 $ 0.7
Weighted-average common shares outstanding:        
Basic (in shares) 174,619 165,847 174,549 158,205
Diluted (in shares) 174,913 166,173 174,855 158,518
Contract operations        
Total revenue $ 326,269 $ 245,420 $ 944,993 $ 693,939
Total cost of sales, exclusive of depreciation and amortization 86,710 79,810 272,661 236,831
Aftermarket services        
Total revenue 56,161 46,741 167,752 137,236
Total cost of sales, exclusive of depreciation and amortization $ 43,115 $ 34,395 $ 128,258 $ 104,553