XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 126,289 $ 95,481 $ 354,444 $ 337,096
Cost of revenue (exclusive of depreciation of $2,602, $2,505, $7,728 and $6,576, respectively included below) 74,509 47,594 200,434 196,546
Marketing expense 1,356 935 3,983 8,999
Selling, general and administrative expenses 10,639 9,688 29,986 30,645
Depreciation expense 2,756 2,662 8,179 7,102
Restructuring and related charges   1,107   2,416
Operating income 37,029 33,495 111,862 91,388
Interest expense 7,352 10,258 27,508 32,782
Loss on extinguishment and modification of debt     19,027  
Other (income) expense, net (82,947)   (83,818)  
Total non-operating (income) expense, net (75,595) 10,258 (37,283) 32,782
Income before income taxes 112,624 23,237 149,145 58,606
Income tax expense 8,925 6,486 16,731 16,379
Income from continuing operations 103,699 16,751 132,414 42,227
Loss from discontinued operations, net of income tax benefit of $320, $4,243, $739 and $23,174, respectively (932) (59,168) (2,154) (254,240)
Net income (loss) $ 102,767 $ (42,417) $ 130,260 $ (212,013)
Earnings (loss) per share - basic:        
Continuing operations $ 2.09 $ 0.34 $ 2.68 $ 0.87
Discontinued operations (0.02) (1.21) (0.04) (5.22)
Net income (loss) [1] 2.07 (0.87) 2.63 (4.35)
Earnings (loss) per share - diluted:        
Continuing operations 2.06 0.34 2.63 0.86
Discontinued operations (0.02) (1.20) (0.04) (5.19)
Net income (loss) [1] $ 2.04 $ (0.86) $ 2.58 $ (4.33)
Comprehensive income (loss) $ 104,243 $ (39,570) $ 135,963 $ (230,140)
Weighted average common shares and equivalents:        
Basic 49,732 48,783 49,490 48,702
Diluted 50,360 49,401 50,401 49,017
[1]

Figures may not add due to rounding.