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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total revenue $ 469,642 $ 396,917 $ 853,131 $ 736,196
Operating costs and expenses:        
Cost of revenue, excluding depreciation and amortization expense (366,520) (318,948) (675,007) (608,595)
General and administrative expense, excluding depreciation and amortization expense (26,225) (16,186) (45,438) (29,471)
Depreciation and amortization expense (40,647) (37,235) (80,793) (71,972)
Merger and integration expense (8,789) (1,377) (10,950) (3,515)
Severance and other income (expense) 236 (2,663) (4,826) (3,590)
Total operating cost and expenses (441,945) (376,409) (817,014) (717,143)
Operating income 27,697 20,508 36,117 19,053
Other income (expense), net 334 (1,462) 819 (2,411)
Interest and finance expense, net (3,666) (17) (6,818) (1,315)
Income before taxes and equity in income of joint ventures 24,365 19,029 30,118 15,327
Equity in income of joint ventures 4,856 2,805 8,714 5,241
Income before income taxes 29,221 21,834 38,832 20,568
Income tax expense (13,935) (12,539) (26,223) (17,624)
Net income $ 15,286 $ 9,295 $ 12,609 $ 2,944
Earnings per common share:        
Basic (in dollars per share) $ 0.13 $ 0.09 $ 0.11 $ 0.03
Diluted (in dollars per share) $ 0.13 $ 0.08 $ 0.11 $ 0.03
Weighted average common shares outstanding:        
Basic (in shares) 113,979,860 108,662,509 112,078,160 108,758,078
Diluted (in shares) 114,923,702 109,381,977 113,688,752 109,975,739