XML 20 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 2,106,332 $ 1,217,525 $ 3,456,625 $ 2,106,205
Operating expenses        
Cost of revenues (excluding depreciation) 1,808,925 1,197,298 3,159,174 2,086,161
Operating expense (excluding depreciation) 82,342 68,821 163,746 143,009
Depreciation and amortization 25,583 23,548 49,363 46,428
Loss (gain) on sale of assets, net 15 510 15 (64,402)
General and administrative expense (excluding depreciation) 15,438 12,201 31,331 24,086
Acquisition and integration costs 0 (352) 63 86
Total operating expenses 1,932,303 1,302,026 3,403,692 2,235,368
Operating income (loss) 174,029 (84,501) 52,933 (129,163)
Other income (expense)        
Interest expense and financing costs, net (18,154) (17,186) (34,548) (35,337)
Debt extinguishment and commitment costs (5,672) (6,628) (5,672) (8,135)
Gain on curtailment of pension obligation 0 0 0 2,032
Other income (loss), net 47 (36) 49 25
Total other expense, net (23,779) (23,850) (40,171) (41,415)
Income (loss) before income taxes 150,250 (108,351) 12,762 (170,578)
Income tax expense (1,125) (607) (688) (607)
Net income (loss) $ 149,125 $ (108,958) $ 12,074 $ (171,185)
Income (loss) per share        
Basic (in dollars per share) $ 2.51 $ (1.84) $ 0.20 $ (3.01)
Diluted (in dollars per share) $ 2.50 $ (1.84) $ 0.20 $ (3.01)
Weighted-average number of shares outstanding        
Basic (in shares) 59,479 59,367 59,449 56,837
Diluted (in shares) 59,642 59,367 59,644 56,837