XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Total revenue $ 1,279,418 $ 825,762 $ 675,026
Operating costs and expenses:      
Cost of revenue, excluding depreciation and amortization (1,057,356) (701,165) (566,876)
General and administrative expense, excluding depreciation and amortization (58,387) (73,880) (23,814)
Depreciation and amortization expense (139,767) (123,866) (113,693)
Impairment expense 0 0 (287,454)
Gain on disposal of assets 0 1,000 10,085
Merger and integration expense (13,620) (47,593) (1,630)
Severance and other expense (7,825) (7,826) (13,930)
Total operating cost and expenses (1,276,955) (953,330) (997,312)
Operating income (loss) 2,463 (127,568) (322,286)
Other income, net 3,149 3,992 3,908
Interest and finance expense, net (241) (8,795) (5,656)
Loss before taxes and equity in income of joint ventures 5,371 (132,371) (324,034)
Equity in income of joint ventures 15,731 16,747 13,589
Income (loss) before income taxes 21,102 (115,624) (310,445)
Income tax (expense) benefit (41,247) (16,267) 3,400
Net loss $ (20,145) $ (131,891) $ (307,045)
Loss per common share:      
Total basic and diluted loss per share (in dollars per share) $ (0.18) $ (1.64) $ (4.33)
Weighted average common shares outstanding:      
Basic and diluted (in shares) 109,072,761 80,525,694 70,889,753