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Condensed Consolidated Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Amortization of customer relationships $ (17,668) $ (17,668) $ (53,004) $ (53,004)
Total revenue 263,839 231,034 781,601 678,432
Operating expenses:        
Direct operating 51,914 46,648 162,382 131,959
General and administrative 17,633 13,587 53,142 47,597
Facility idling 722 865 1,933 3,198
Depreciation 30,745 34,206 101,174 98,181
Impairment of property and equipment       3,702
Accretion of asset retirement obligations 45 50 133 178
Loss on settlement of asset retirement obligations     620 539
Loss (gain) on asset sale 467 (2,092) 6,036 (2,242)
Total operating expenses 101,526 93,264 325,420 283,112
Operating income 162,313 137,770 456,181 395,320
Other income (expense):        
Interest expense, net (55,233) (47,835) (165,245) (137,540)
Equity in earnings of unconsolidated affiliates 27,397 24,411 77,825 70,467
Total other expense (27,836) (23,424) (87,420) (67,073)
Income before income taxes 134,477 114,346 368,761 328,247
Income tax expense (36,657) (30,332) (97,422) (84,798)
Net income and comprehensive income $ 97,820 $ 84,014 $ 271,339 $ 243,449
Net income per share-basic (in dollars per share) $ 0.20 $ 0.18 $ 0.57 $ 0.51
Net income per share-diluted (in dollars per share) $ 0.20 $ 0.17 $ 0.56 $ 0.51
Weighted average common shares outstanding:        
Basic (in shares) 479,676 478,460 479,267 478,144
Diluted (in shares) 482,840 480,318 481,908 480,342
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate        
Revenue:        
Total operating revenues $ 214,992 $ 185,640 $ 625,636 $ 552,154
Natural Gas Water Handling and Treatment - Affiliate        
Revenue:        
Total operating revenues 66,132 61,411 208,040 176,994
Natural Gas Water Handling and Treatment        
Revenue:        
Total operating revenues $ 383 $ 1,651 $ 929 $ 2,288