XML 19 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue:      
Amortization of customer relationships $ (70,672) $ (70,672) $ (57,010)
Total revenue 898,202 900,719 792,588
Operating expenses:      
Direct operating 157,120 165,386 195,818
General and administrative (including $73,517, $12,778 and $13,529 of equity-based compensation in 2019, 2020 and 2021, respectively) 63,838 52,213 118,113
Facility idling 3,997 15,219 11,401
Depreciation 108,790 108,790 95,526
Impairment of property and equipment 5,042 98,179 409,739
Impairment of goodwill   575,461 340,350
Impairment of customer relationships     11,871
Accretion of asset retirement obligations 460 180 187
Accretion and change in fair value of contingent acquisition consideration     8,076
Loss on asset sale 3,628 2,929  
Total operating expenses 342,875 1,018,357 1,191,081
Operating income (loss) 555,327 (117,638) (398,493)
Interest expense, net (175,281) (147,007) (110,402)
Equity in earnings of unconsolidated affiliates 90,451 86,430 51,315
Loss on early extinguishment of debt (21,757)    
Total other expense (106,587) (60,577) (59,087)
Income (loss) before income taxes 448,740 (178,215) (457,580)
Income tax benefit (expense) (117,123) 55,688 102,466
Net income (loss) and comprehensive income (loss) $ 331,617 $ (122,527) $ (355,114)
Net income (loss) per share-basic (in dollars per share) $ 0.69 $ (0.26) $ (0.80)
Net income (loss) per share-diluted (in dollars per share) $ 0.69 $ (0.26) $ (0.80)
Weighted average common shares outstanding:      
Basic (in shares) 477,270 478,278 442,640
Diluted (in shares) 479,736 478,278 442,640
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate      
Revenue:      
Total operating revenues $ 749,737 $ 711,459 $ 543,538
Natural Gas Water Handling and Treatment - Affiliate      
Revenue:      
Total operating revenues 218,621 $ 259,932 306,010
Natural Gas Water Handling and Treatment      
Revenue:      
Total operating revenues $ 516   $ 50