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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue $ 272,938 $ 266,770 $ 546,558 $ 546,168
Cost of revenue (exclusive of depreciation and amortization) 212,059 217,277 428,526 440,781
Selling, general and administrative expenses (exclusive of depreciation and amortization) 32,026 50,195 76,407 93,235
Depreciation and amortization 14,890 17,993 31,450 36,205
Related party expense 2,739 2,186 5,851 4,173
Operating profit (loss) 11,224 (20,881) 4,324 (28,226)
Other expense (income), net:        
Interest expense, net 45,092 42,271 89,272 82,031
Debt modification and extinguishment costs (gain), net (6,785) 8,117 (15,558) 9,001
Sundry expense (income), net 1,500 (741) 2,248 (434)
Other expense (income), net (232) 7,375 (514) 13,534
Net loss before income taxes (28,351) (77,903) (71,124) (132,358)
Income tax expense (2,535) (1,296) (5,198) (3,797)
Net loss (30,886) (79,199) (76,322) (136,155)
Net loss attributable to common stockholders $ (33,024) $ (81,392) $ (80,567) $ (139,287)
Basic (in dollars per share) $ (5.19) $ (643.71) $ (14.40) $ (1,310.32)
Diluted (in dollars per share) $ (5.19) $ (643.71) $ (14.40) $ (1,310.32)
Series A Preferred Stock        
Other expense (income), net:        
Cumulative dividends for Preferred Stock $ (967) $ (876) $ (1,921) $ (1,740)
Series B Preferred Stock        
Other expense (income), net:        
Cumulative dividends for Preferred Stock $ (1,171) $ (1,317) $ (2,324) $ (1,392)