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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Revenues $ 510,305 $ 495,503 $ 1,301,909 $ 1,622,873
Operating expenses        
Cost of revenues (excluding depreciation) 459,296 405,153 1,166,347 1,387,690
Operating expense (excluding depreciation) 51,230 38,047 125,191 102,798
Lease operating expense 10 1,575 134 4,614
Depreciation, depletion and amortization 9,643 4,596 19,839 12,852
Impairment expense 0 9,639 0 9,639
General and administrative expense 9,863 9,939 31,654 31,878
Acquisition and integration expense 2,047 280 3,563 1,811
Total operating expenses 532,089 469,229 1,346,728 1,551,282
Operating income (loss) (21,784) 26,274 (44,819) 71,591
Other income (expense)        
Interest expense and financing costs, net (11,232) (4,387) (21,951) (15,769)
Loss on termination of financing agreements 0 0 0 (19,229)
Other income (expense), net (56) (45) 60 (199)
Change in value of common stock warrants 657 (1,023) 3,477 (2,732)
Change in value of contingent consideration 1,025 (4,255) 10,753 (18,679)
Equity earnings (losses) from Laramie Energy, LLC 3,659 (1,355) (15,159) (6,131)
Total other income (expense), net (5,947) (11,065) (22,820) (62,739)
Income (loss) before income taxes (27,731) 15,209 (67,639) 8,852
Income tax benefit (expense) (30) (469) 8,117 18,073
Net income (loss) $ (27,761) $ 14,740 $ (59,522) $ 26,925
Earnings (loss) per share        
Income (loss) per common share, basic (USD per share) $ (0.67) $ 0.39 $ (1.44) $ 0.72
Income (loss) per common share, diluted (USD per share) $ (0.67) $ 0.39 $ (1.44) $ 0.72
Weighted-average number of shares outstanding        
Basic (in shares) 41,580 37,390 41,309 37,304
Diluted (in shares) 41,580 37,400 41,309 37,331