XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Contract revenues $ 117,185 $ 158,346 $ 407,896 $ 502,123
Revenue, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Costs of contract revenues $ 108,155 $ 154,547 $ 368,832 $ 454,788
Cost, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Gross profit $ 9,030 $ 3,799 $ 39,064 $ 47,335
General and administrative expenses 14,188 13,292 41,667 38,716
Gain on sale of assets--net (35) (40) (296) (358)
Operating income (loss) (5,123) (9,453) (2,307) 8,977
Interest expense—net (2,762) (3,551) (9,322) (11,000)
Other income (expense) (78) (253) 2,173 (1,778)
Loss before income taxes (7,963) (13,257) (9,456) (3,801)
Income tax benefit 1,809 3,347 1,804 915
Net loss $ (6,154) $ (9,910) $ (7,652) $ (2,886)
Basic loss per share $ (0.09) $ (0.15) $ (0.12) $ (0.04)
Basic weighted average shares 66,532 66,111 66,419 66,010
Diluted loss per share $ (0.09) $ (0.15) $ (0.12) $ (0.04)
Diluted weighted average shares 66,532 66,111 66,419 66,010