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CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues $ 122,340 $ 233,073 $ 212,470
Cost of goods sold 104,221 152,021 143,103
Gross profit 18,119 81,052 69,367
Operating expenses:      
Salaries, benefits and payroll taxes 9,993 11,560 11,043
Depreciation and amortization 1,911 2,411 1,843
Selling, general and administrative 15,527 11,328 12,825
Change in the estimated fair value of contingent consideration (1,410) (3,272) (1,858)
Impairment loss 5,115 15,542 17,835
Total operating expenses 31,136 37,569 41,688
Operating (loss) income (13,017) 43,483 27,679
Other income (expenses):      
Gain on bargain purchase 39,600 0 0
Interest expense, net (2,091) (3,621) (2,266)
Loss on extinguishment of debt 0 (561) 0
Other income 482 131 197
Total other income (expenses), net 37,991 (4,051) (2,069)
Income before income tax (benefit) expense 24,974 39,432 25,610
Income tax (benefit) expense (12,980) 7,809 5,509
Net income $ 37,954 $ 31,623 $ 20,101
Net income per common share:      
Basic (in dollars per share) $ 0.94 $ 0.79 $ 0.50
Diluted (in dollars per share) $ 0.94 $ 0.78 $ 0.50
Weighted-average number of common shares:      
Basic (in shares) 40,260 40,135 40,427
Diluted (in shares) 40,260 40,337 40,449
Sand sales revenue      
Revenues $ 70,902 $ 109,621 $ 143,533
Shortfall revenue      
Revenues 23,281 49,259 6,032
Logistics revenue      
Revenues $ 28,157 $ 74,193 $ 62,905