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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue $ 489,638 $ 473,964 $ 1,435,151 $ 1,397,341
Costs and expenses:        
Cost of services, exclusive of depreciation and amortization 351,103 336,812 1,027,366 994,726
General and administrative, exclusive of depreciation and amortization [1] 37,088 38,245 110,825 109,898
Depreciation and amortization 15,213 17,959 51,568 54,552
Total costs and expenses 403,404 393,016 1,189,759 1,159,176
Other operating income 0 0 284 151
Income from operations 86,234 80,948 245,676 238,316
Other income and expense:        
Equity in losses of unconsolidated subsidiaries 0 0 (3,676) (526)
Interest expense (21,369) (64) (21,275) (108)
Income before income taxes 62,174 69,629 198,745 203,851
Income tax expense 16,415 15,205 49,648 47,964
Net income 45,759 54,424 149,097 155,887
Less: Net income attributable to non-controlling interests 1,421 1,318 4,066 3,775
Net income attributable to the Company $ 44,338 $ 53,106 $ 145,031 $ 152,112
Earnings per common share (Note 10):        
Basic (in dollars per share) $ 0.37 $ 0.51 $ 1.32 $ 1.46
Diluted (in dollars per share) $ 0.37 $ 0.51 $ 1.32 $ 1.46
Related Party        
Other income and expense:        
Interest expense on related party debt $ (2,691) $ (11,255) $ (21,980) $ (33,831)
[1] Includes the shared service fee from related party of $3.8 million and $3.6 million for the three months ended September 30, 2024 and 2023, respectively, and $11.5 million and $11.0 million for the nine months ended September 30, 2024 and 2023, respectively. See Note 11, Related Party Transactions, for additional information.