XML 53 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue $ 627,625 $ 421,654
Operating costs and expenses:    
Cost of services [1] 512,226 337,646
Depreciation and amortization 85,821 71,476
Selling, general and administrative expenses 56,884 27,936
Merger and integration 12,182 0
Gain (loss) on disposal of assets (7,962) 481
Impairment expense 34,327 0
Total operating costs and expenses 693,478 437,539
Operating loss (65,853) (15,885)
Other income (expense):    
Other income, net 416 448
Interest expense, net (6,066) (5,395)
Total other income (expense) (5,650) (4,947)
Loss before income taxes (71,503) (20,832)
Income tax expense (253) (974)
Net loss (71,756) (21,806)
Other comprehensive loss, net of tax:    
Foreign currency translation adjustments 1,107 (29)
Hedging activities (2,620) (2,862)
Total comprehensive loss $ (73,269) $ (24,697)
Net loss per share:    
Basic net loss per share (in dollars per share) $ (0.34) $ (0.21)
Diluted net loss per share (in dollars per share) $ (0.34) $ (0.21)
Weighted-average shares outstanding: basic (in shares) 212,842 104,422
Weighted-average shares outstanding: diluted (in shares) 212,842 104,422
[1] Cost of services during the three months ended March 31, 2020 and 2019 exclude depreciation of $81.3 million and $67.6 million, respectively.