v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 322,843 $ 309,653 $ 652,485 $ 525,145
Cost of operations (exclusive of depreciation and amortization shown below):        
Cost of operations 115,251 127,269 243,712 210,835
Depreciation and amortization 66,135 69,463 136,664 116,407
Selling, general and administrative 35,121 59,927 67,376 84,751
Loss (gain) on sale of assets 6,606 (1,173) 15,817 (1,173)
Total operating expenses 223,113 255,486 463,569 410,820
Income from operations 99,730 54,167 188,916 114,325
Other income (expenses):        
Interest expense (45,755) (52,133) (92,979) (91,873)
Gain on derivatives 0 6,797 0 26,554
Other income (expense), net (546) 218 (948) 150
Total other expenses, net (46,301) (45,118) (93,927) (65,169)
Income before income taxes 53,429 9,049 94,989 49,156
Income tax expense 13,445 2,336 23,969 12,211
Net income 39,984 6,713 71,020 36,945
Less: Net income attributable to noncontrolling interests 488 485 1,113 485
Net income attributable to common shareholders $ 39,496 $ 6,228 $ 69,907 $ 36,460
Earnings per share attributable to common shareholders:        
Basic (in dollars per share) $ 0.44 $ 0.07 $ 0.78 $ 0.44
Diluted (in dollars per share) $ 0.43 $ 0.06 $ 0.76 $ 0.41
Weighted average shares outstanding:        
Basic (in shares) 87,699,000 84,202,000 87,788,000 80,836,000
Diluted (in shares) 90,040,000 90,669,000 90,234,000 87,238,000
Contract Services        
Revenues:        
Total revenues $ 293,534 $ 276,250 $ 582,490 $ 469,649
Cost of operations (exclusive of depreciation and amortization shown below):        
Cost of operations 93,137 99,333 186,372 165,215
Other Services        
Revenues:        
Total revenues 29,309 33,403 69,995 55,496
Cost of operations (exclusive of depreciation and amortization shown below):        
Cost of operations $ 22,114 $ 27,936 $ 57,340 $ 45,620

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