XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 94,895 $ 77,684 $ 259,429 $ 223,981
Cost of revenues (excluding depreciation and amortization expense):        
Total cost of revenues 53,478 44,310 143,682 122,468
Depreciation and amortization 19,867 19,627 58,572 58,662
Impairments and other charges 135 0 135 0
Selling, general, and administrative expense 10,731 10,265 32,483 31,068
Interest expense, net of capitalized interest of $119 and $300 in 2022 and $0 and $34 in 2021 12,615 13,635 37,552 40,975
Other (income) expense, net 1,661 (608) 2,530 (540)
Loss before taxes and discontinued operations (3,592) (9,545) (15,525) (28,652)
Provision for income taxes 940 677 2,497 3,730
Loss from continuing operations (4,532) (10,222) (18,022) (32,382)
Income (loss) from discontinued operations, net of taxes 81 (270) 173 (623)
Net loss (4,451) (10,492) (17,849) (33,005)
General partner interest in net loss (21) (146) (84) (458)
Common units interest in net loss $ (4,430) $ (10,346) $ (17,765) $ (32,547)
Basic and diluted net loss per common unit:        
Loss from continuing operations per common unit, basic (in dollars per share) $ (0.03) $ (0.21) $ (0.13) $ (0.67)
Loss from continuing operations per common unit, diluted (in dollars per share) (0.03) (0.21) (0.13) (0.67)
Loss from discontinued operations per common unit, basic (in dollars per share) 0 (0.01) 0 (0.01)
Loss from discontinued operations per common unit, diluted (in dollars per share) 0 (0.01) 0 (0.01)
Net loss per common unit, basic (in dollars per share) (0.03) (0.22) (0.13) (0.68)
Net loss per common unit, diluted (in dollars per share) $ (0.03) $ (0.22) $ (0.13) $ (0.68)
Weighted average common units outstanding:        
Basic (in shares) 141,213,944 47,971,240 141,067,185 47,889,691
Diluted (in shares) 141,213,944 47,971,240 141,067,185 47,889,691
Contract services        
Revenues:        
Total revenues $ 67,492 $ 59,413 $ 194,647 $ 174,044
Cost of revenues (excluding depreciation and amortization expense):        
Total cost of revenues 34,793 30,628 99,418 86,312
Aftermarket services        
Revenues:        
Total revenues 23,192 13,991 52,273 39,943
Cost of revenues (excluding depreciation and amortization expense):        
Total cost of revenues 18,056 11,898 42,051 33,664
Equipment rentals        
Revenues:        
Total revenues 3,869 3,326 10,987 8,430
Cost of revenues (excluding depreciation and amortization expense):        
Total cost of revenues 563 292 1,530 654
Equipment sales        
Revenues:        
Total revenues 342 954 1,522 1,564
Cost of revenues (excluding depreciation and amortization expense):        
Total cost of revenues $ 66 $ 1,492 $ 683 $ 1,838