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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Consolidated Statements of Income        
Revenues $ 103,941 $ 60,548 $ 188,279 $ 94,328
Cost of sales 46,444 38,720 84,962 63,362
Gross profit 57,497 21,828 103,317 30,966
Operating expenses:        
Selling, general and administrative 7,014 6,766 13,838 13,514
Amortization 699 699 1,397 1,397
Total operating expenses 7,713 7,465 15,235 14,911
Operating income 49,784 14,363 88,082 16,055
Other expense:        
Net interest expense 2,623 2,872 9,928 5,689
Other expenses   5   5
Total other expense 2,623 2,877 9,928 5,694
Income before income taxes 47,161 11,486 78,154 10,361
Income tax expense 7,351 209 8,789 160
Net income $ 39,810 $ 11,277 $ 69,365 $ 10,201
Net income per common share - Basic $ 0.89 $ 0.26 $ 1.55 $ 0.23
Net income per common share - Diluted $ 0.84 $ 0.24 $ 1.48 $ 0.22
Weighted average number of shares outstanding - Basic 44,960,464 43,498,908 44,870,642 43,426,463
Weighted average number of shares outstanding - Diluted 47,152,257 46,418,807 46,974,441 45,844,545