XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 155,315 $ 137,469 $ 327,991 $ 303,829
Costs and expenses        
Cost of sales (exclusive of items shown separately below) 122,770 99,199 262,483 209,748
Asset retirement obligations accretion 354 349 709 700
Depreciation, depletion, and amortization 15,879 13,556 31,098 25,407
Selling, general, and administrative 10,897 14,319 25,012 26,061
Total costs and expenses 149,900 127,423 319,302 261,916
Operating income 5,415 10,046 8,689 41,913
Other income (expense), net 2,522 2,495 3,151 3,742
Interest expense, net (1,481) (2,518) (2,812) (4,826)
Income before tax 6,456 10,023 9,028 40,829
Income tax expense 915 2,467 1,455 8,016
Net income $ 5,541 $ 7,556 $ 7,573 $ 32,813
Earnings per common share        
Basic (in dollars per share) $ 0.08 $ 0.17 $ 0.08 $ 0.74
Diluted (in dollars per share) $ 0.08 $ 0.17 $ 0.08 $ 0.73
Class A Common Stock        
Costs and expenses        
Net income $ 3,435 $ 1,326 $ 3,329 $ 1,326
Earnings per common share        
Basic (in dollars per share) $ 0.08 $ 0.03 $ 0.08 $ 0.03
Diluted (in dollars per share) $ 0.08 $ 0.03 $ 0.08 $ 0.03
Class B Common Stock        
Costs and expenses        
Net income $ 1,541   $ 3,573  
Earnings per common share        
Basic (in dollars per share) $ 0.18   $ 0.42  
Diluted (in dollars per share) $ 0.18   $ 0.41