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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2011
Summary of Purchase Price Allocation

A summary of the purchase price allocation follows (in thousands):

 

Sand and chemical inventory

    $ 6,848   

Supplies

      312   

Property and equipment

      154,359   

Non-compete agreement

      1,400   

Customer relationships

      25,500   

Deferred tax asset

      8,514   

Goodwill

      67,575   

Below-market pricing agreements

      (23,200 ) 
  

 

 

  

Total purchase price

    $ 241,308   
  

 

 

  
Business Acquisition Pro-forma Unaudited Financial Information

The following represents pro-forma unaudited financial information for the years ended December 31, 2010 and 2009 as if the acquisition had been completed on January 1, 2009 (in thousands, except per share amounts):

 

     2010      2009  
     (Unaudited)  

Revenue

    $ 1,660,635       $ 905,168   

Income (loss) from continuing operations

    $ 127,257       $ (46,807 ) 

Net income (loss)

    $ 126,301       $ (51,137 ) 

Basic income (loss) from continuing operations per common share

    $ 0.83       $ (0.33 ) 

Basic net income (loss) per common share

    $ 0.83       $ (0.36 ) 

Diluted income (loss) from continuing operations per common share

    $ 0.82       $ (0.33 ) 

Diluted net income (loss) per common share

    $ 0.82       $ (0.36 )