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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Total revenues $ 168,493 $ 138,543 $ 327,368 $ 253,653
Costs and expenses        
Selling, general and administrative expenses 13,252 9,851 25,920 18,965
Total costs and expenses 117,043 92,056 227,426 171,949
Income from operations 51,450 46,487 99,942 81,704
Interest income (expense), net 93 (248) 116 (3,100)
Other income (expense), net     (1,042) (4,305)
Income before income taxes 51,543 46,239 99,016 74,299
Income tax expense 10,793 4,697 9,820 6,349
Net income 40,750 41,542 89,196  
Net income       67,950
Less: pre-IPO net income attributable to Cactus LLC       13,648
Less: net income attributable to non-controlling interest 19,342 29,208 40,981 38,215
Net income attributable to Cactus Inc. 21,408 12,334 48,215  
Net income attributable to Cactus Inc.       16,087
Product revenue        
Revenues        
Total revenues 94,494 73,281 181,134 132,207
Costs and expenses        
Cost of revenue 57,517 45,015 110,535 82,081
Rental revenue        
Revenues        
Total revenues 39,576 34,944 78,073 64,089
Costs and expenses        
Cost of revenue 19,450 13,952 37,241 26,128
Field service and other revenue        
Revenues        
Total revenues 34,423 30,318 68,161 57,357
Costs and expenses        
Cost of revenue $ 26,824 $ 23,238 $ 53,730 $ 44,775
Class A Common Stock        
Costs and expenses        
Earnings per Class A Share - basic $ 0.46 $ 0.47 $ 1.13 $ 0.61
Earnings per Class A Share - diluted $ 0.45 $ 0.46 $ 1.07 $ 0.60
Weighted average Class A Shares outstanding - basic 46,881 26,450 42,819 26,450
Weighted average Class A Shares outstanding - diluted 47,145 26,779 75,326 26,734