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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues $ 37,806,000 $ 81,247,000 $ 101,830,000 $ 153,513,000
Cost of Revenue 34,903,000 72,756,000 88,161,000 141,872,000
Gross margin 2,903,000 8,491,000 13,669,000 11,641,000
Selling, General and Administrative Expense 4,109,000 7,224,000 10,614,000 14,390,000
Operating Income (Loss) (1,206,000) 1,267,000 3,055,000 (2,749,000)
Interest Expense 1,197,000 869,000 2,371,000 1,765,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) (20,000) (24,000) (40,000) (48,000)
Other Nonoperating Income (Expense) 1,177,000 845,000 2,331,000 1,717,000
Income before income taxes (2,383,000) 422,000 724,000 (4,466,000)
Income Tax Expense (Benefit) (111,000) 213,000 (4,965,000) (830,000)
Net income $ (2,272,000) $ 209,000 $ 5,689,000 $ (3,636,000)
Net income per common share:        
Earnings Per Share, Basic $ (0.29) $ 0.03 $ 0.67 $ (0.47)
Earnings Per Share, Diluted $ (0.29) $ 0.03 $ 0.67 $ (0.47)
Weighted average shares outstanding:        
Basic 7,916,000 7,822,000 7,899,000 7,786,000
Diluted 7,916,000 7,822,000 7,899,000 7,786,000