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Unaudited Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Revenue, Topic 606 $ 74,370 $ 54,159 $ 133,045 $ 88,030
Revenue 109,647 74,986 189,982 120,478
Costs:        
Depreciation of specialty rental assets 11,861 13,908 24,661 26,348
Gross profit 52,545 27,069 80,460 38,530
Selling, general and administrative 11,103 11,677 22,862 23,009
Other depreciation and amortization 3,585 4,096 7,580 8,092
Other expense (income), net 24 444 (195) 690
Operating income 37,833 10,852 50,213 6,739
Interest expense, net 9,667 9,744 19,238 19,594
Change in fair value of warrant liabilities (853) 2,080 374 2,720
Income (loss) before income tax 29,019 (972) 30,601 (15,575)
Income tax expense (benefit) 6,168 (60) 7,256 (1,523)
Net income (loss) 22,851 (912) 23,345 (14,052)
Other comprehensive income (loss)        
Foreign currency translation (47) 7 (65) (12)
Comprehensive income (loss) $ 22,804 $ (905) $ 23,280 $ (14,064)
Two Class Method:        
Weighted average number shares outstanding - basic 97,076,935 96,545,441 97,007,247 96,398,732
Weighted average number shares outstanding - diluted 97,076,935 96,545,441 97,007,247 96,398,732
Net income (loss) per share - basic $ 0.24 $ (0.01) $ 0.24 $ (0.15)
Net income (loss) per share - diluted $ 0.24 $ (0.01) $ 0.24 $ (0.15)
Services        
Revenue:        
Revenue, Topic 606 $ 74,370 $ 53,648 $ 133,045 $ 86,585
Costs:        
Costs 40,014 29,422 74,705 48,771
Specialty rental        
Revenue:        
Revenue, subject to ASC 840 35,277 20,827 56,937 32,448
Costs:        
Costs $ 5,227 4,587 $ 10,156 6,829
Construction fee        
Revenue:        
Revenue, Topic 606   $ 511   $ 1,445