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Condensed Consolidated & Combined Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 120,936 $ 195,723 $ 284,194 $ 351,252
Cost of sales 123,001 165,174 270,880 301,605
Gross (loss) profit (2,065) 30,549 13,314 49,647
General and administrative expenses 17,400 18,937 31,385 33,319
Operating (loss) income (19,465) 11,612 (18,071) 16,328
Interest expense, net (4,102) (5,543) (9,154) (9,674)
Income from equity method investment 663 699 1,217 1,286
(Loss) income before income taxes (22,904) 6,768 (26,008) 7,940
Income tax provision (5,628) 2,906 (6,389) 2,906
Net (loss) income (17,276) 3,862 (19,619) 5,034
Less income attributable to non-controlling interest 750 642 1,226 1,009
Net (loss) income attributable to Charah Solutions, Inc. $ (18,026) $ 3,220 $ (20,845) $ 4,025
Basic (loss) earnings per common share (in dollars per share) $ (0.61) $ 0.13 $ (0.71) $ 0.17
Diluted (loss) earnings per common share (in dollars per share) $ (0.61) $ 0.13 $ (0.71) $ 0.16
Weighted-average shares outstanding used in (loss) earnings per common share, basic (in shares) 29,558,752 24,477,829 29,374,295 24,096,186
Weighted-average shares outstanding used in (loss) earnings per common share, diluted (in shares) 29,558,752 25,347,887 29,374,295 24,942,199
Pro forma net (loss) income information (see Note 1):        
Pro forma provision for income taxes $ (5,628) $ 2,906 $ (6,389) $ 2,906
Pro forma net (loss) income attributable to Charah Solutions, Inc. (18,026) 3,381 (20,845)  
Pro Forma        
Income tax provision (5,628) 1,517 (6,389) 1,720
Pro forma net (loss) income information (see Note 1):        
Net (loss) income attributable to Charah Solutions, Inc. before provision for income taxes (23,654) 6,126 (27,234) 6,931
Pro forma provision for income taxes (5,628) 1,517 (6,389) 1,720
Pro forma net (loss) income attributable to Charah Solutions, Inc. $ (18,026) $ 4,609 $ (20,845) $ 5,211