XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total revenue $ 169,526 $ 158,914 $ 322,714 $ 317,757
Operating expenses        
Selling, general and administrative 31,394 27,170 62,385 55,892
Depreciation and amortization 34,832 42,353 71,743 83,532
Total operating expenses 126,524 134,894 256,662 268,950
Operating income 43,002 24,020 66,052 48,807
Other income (expense):        
Interest expense (5,044) (7,522) (11,255) (15,476)
Other 1,573 1,176 2,306 2,463
Income before income taxes 39,531 17,674 57,103 35,794
Income tax expense 10,284 4,524 14,576 8,734
Net income 29,247 13,150 42,527 27,060
Other comprehensive income:        
Unrealized loss on interest rate hedge, net of tax 59 (4,212) (6,047) (6,940)
Comprehensive income $ 29,306 $ 8,938 $ 36,480 $ 20,120
Net income per share, basic and diluted:        
Basic net income per share (in dollars per share) $ 0.59 $ 0.26 $ 0.85 $ 0.54
Diluted net income per share (in dollars per share) $ 0.58 $ 0.26 $ 0.85 $ 0.54
Weighted average shares outstanding, basic (in shares) 49,902 49,848 49,878 49,812
Weighted average shares outstanding, diluted (in shares) 50,082 50,142 50,039 50,118
Service revenue and other        
Revenue:        
Total revenue $ 159,720 $ 142,059 $ 299,908 $ 285,290
Equipment revenue        
Revenue:        
Total revenue 9,806 16,855 22,806 32,467
Cost of services        
Operating expenses        
Cost of services and cost of goods sold 50,640 49,497 100,205 99,015
Cost of goods sold        
Operating expenses        
Cost of services and cost of goods sold $ 9,658 $ 15,874 $ 22,329 $ 30,511