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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement        
Contract revenues $ 145,875 $ 183,713 $ 299,184 $ 350,333
Costs of contract revenues 133,574 162,969 271,428 309,831
Gross profit 12,301 20,744 27,756 40,502
Selling, general and administrative expenses 13,715 16,512 28,345 32,381
Amortization of intangible assets 381 517 761 1,033
Gain on disposal of assets, net (7,361) (369) (8,971) (1,361)
Operating income 5,566 4,084 7,621 8,449
Other (expense) income:        
Other income 72 39 109 136
Interest income 25 54 51 94
Interest expense (2,943) (1,169) (3,983) (2,571)
Other expense, net (2,846) (1,076) (3,823) (2,341)
Income before income taxes 2,720 3,008 3,798 6,108
Income tax (benefit) expense (810) 980 (660) 1,357
Net income $ 3,530 $ 2,028 $ 4,458 $ 4,751
Basic earnings per share (in dollars per share) $ 0.12 $ 0.07 $ 0.15 $ 0.16
Diluted earnings per share (in dollars per share) $ 0.11 $ 0.07 $ 0.15 $ 0.16
Shares used to compute income per share:        
Basic (in shares) 30,671,952 30,031,188 30,569,284 29,842,298
Diluted (in shares) 30,702,151 30,031,188 30,601,669 29,842,298