XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total revenue $ 313,624 $ 176,251 $ 594,101 $ 332,546
Operating costs and expenses:        
Cost of revenue, excluding depreciation and amortization expense (256,583) (147,718) (496,113) (284,789)
General and administrative expense, excluding depreciation and amortization expense (17,840) (6,197) (29,350) (12,835)
Depreciation and amortization expense (35,392) (26,390) (70,404) (54,149)
Merger and integration expense (2,270) (4,703) (6,995) (9,526)
Severance and other expense (678) (1,637) (2,172) (2,192)
Total operating cost and expenses (312,763) (186,645) (605,034) (363,491)
Operating income (loss) 861 (10,394) (10,933) (30,945)
Other income, net 244 387 1,240 626
Interest and finance income (expense), net 1,712 (1,604) 1,725 (3,231)
Income (loss) before taxes and equity in income of joint ventures 2,817 (11,611) (7,968) (33,550)
Equity in income of joint ventures 2,429 3,957 6,631 8,049
Income (loss) before income taxes 5,246 (7,654) (1,337) (25,501)
Income tax expense (9,596) (727) (14,145) (3,272)
Net loss $ (4,350) $ (8,381) $ (15,482) $ (28,773)
Loss per common share:        
Total basic and diluted loss per share (in dollars per share) $ (0.04) $ (0.12) $ (0.14) $ (0.41)
Weighted average common shares outstanding:        
Basic and diluted (in shares) 109,582,086 70,889,753 109,425,407 70,889,753