UNAUDITED CONDENSED COMBINED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
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| Total revenue | $ 169,257 | $ 184,756 | $ 496,716 | $ 533,932 |
| Operating expenses | ||||
| Cost of operations (exclusive of depreciation and amortization disclosed separately below) | 119,882 | 146,358 | 372,820 | 399,519 |
| General and administrative | 4,018 | 3,630 | 11,608 | 10,794 |
| Depreciation and other amortization | 8,665 | 7,735 | 26,237 | 20,690 |
| Amortization of purchased intangibles | 433 | 12,538 | 1,316 | 36,168 |
| Total operating expenses | 132,998 | 170,261 | 411,981 | 467,171 |
| Operating income | 36,259 | 14,495 | 84,735 | 66,761 |
| Gain on sale of a business | (10,876) | |||
| Interest income, net | (136) | (167) | (318) | (516) |
| Income before income taxes and (income) loss from investment in unconsolidated subsidiary | 36,395 | 14,662 | 85,053 | 78,153 |
| Provision for income taxes | 16,542 | 3,534 | 31,616 | 17,382 |
| (Income) loss from investment in unconsolidated subsidiary - related party, net of tax | (4,108) | 148 | (4,067) | 205 |
| Net income | $ 23,961 | $ 10,980 | $ 57,504 | $ 60,566 |
| Net income per share - Basic (Note 3) | $ 0.97 | $ 0.45 | $ 2.34 | $ 2.46 |
| Net income per share - Diluted (Note 3) | $ 0.97 | $ 0.45 | $ 2.34 | $ 2.46 |
| Number of Basic Shares Outstanding (Note 3) | 24,585 | 24,585 | 24,585 | 24,585 |
| Number of Diluted Shares Outstanding (Note 3) | 24,585 | 24,585 | 24,585 | 24,585 |
| Redemption | ||||
| Total revenue | $ 97,149 | $ 113,073 | $ 280,844 | $ 318,620 |
| Service | ||||
| Total revenue | 65,806 | 63,629 | 199,244 | 193,856 |
| Other Revenue | ||||
| Total revenue | $ 6,302 | $ 8,054 | $ 16,628 | $ 21,456 |
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- Definition Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization, Total No definition available.
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- Definition The amount of depreciation and other amortization incurred during the period. No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of gain (loss) from sale and disposal of integrated set of activities and assets capable of being conducted and managed for purpose of providing return in form of dividend, lower cost, or other economic benefit to investor, owner, member and participant. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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