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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Total revenues $ 154,139 $ 158,875
Costs and expenses    
Selling, general and administrative expenses 13,662 12,668
Severance expenses 1,007  
Total costs and expenses 113,954 110,383
Income from operations 40,185 48,492
Interest income (expense), net 410 23
Other income (expense), net   (1,042)
Income before income taxes 40,595 47,473
Income tax expense 7,497 (973)
Net income 33,098 48,446
Less: net income attributable to non-controlling interest 14,115 21,639
Net income attributable to Cactus Inc. 18,983 26,807
Product revenue    
Revenues    
Total revenues 87,031 86,640
Costs and expenses    
Cost of revenue 56,135 53,018
Rental revenue    
Revenues    
Total revenues 36,163 38,497
Costs and expenses    
Cost of revenue 19,339 17,791
Field service and other revenue    
Revenues    
Total revenues 30,945 33,738
Costs and expenses    
Cost of revenue $ 23,811 $ 26,906
Class A Common Stock    
Costs and expenses    
Earnings per Class A share - basic $ 0.40 $ 0.69
Earnings per Class A share - diluted $ 0.40 $ 0.59
Weighted average Class A shares outstanding - basic 47,270 38,719
Weighted average Class A shares outstanding - diluted 75,395 75,246