| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
565,928 | 504,042 | 477,665 | 563,070 | 447,411 | 201,126 | 169,138 | 154,917 | 104,836 | 132,519 |
Direct operating costs | |||||||||
395,834 | 350,915 | 330,070 | 391,660 | 301,625 | 122,140 | 102,841 | 73,758 | 45,391 | 43,535 |
Transportation costs | |||||||||
- | - | - | - | - | - | - | 27,292 | 20,434 | 52,708 |
Gross profit | |||||||||
170,094 | 153,127 | 147,595 | 171,410 | 145,786 | 78,986 | 66,297 | 53,867 | 39,011 | 36,276 |
Selling, general and administrative expenses | |||||||||
92,340 | 84,466 | 77,566 | 93,079 | 73,336 | 26,055 | 25,659 | 21,502 | 18,634 | 13,835 |
Impairment charges | |||||||||
3,666 | 8,903 | - | 6,700 | - | - | - | - | - | - |
Insurance proceeds | |||||||||
- | - | - | - | - | - | - | - | - | 661 |
Operating income | |||||||||
74,088 | 59,758 | 70,029 | 71,631 | 72,450 | 52,931 | 40,638 | 32,365 | 20,377 | 23,102 |
Other income (expense): | |||||||||
Interest income | |||||||||
215 | 62 | 96 | 65 | 107 | 19 | 17 | 26 | 51 | 116 |
Interest expense | |||||||||
12,130 | 18,157 | 17,317 | 23,370 | 10,677 | 828 | 878 | 1,604 | 320 | 2 |
Foreign currency loss | |||||||||
55 | 516 | -138 | -2,196 | -1,499 | -2,327 | 1,213 | -1,321 | 1,819 | -37 |
Gain on divestiture | |||||||||
- | - | 2,034 | -542 | - | - | - | - | - | - |
Other | |||||||||
2,630 | 791 | 597 | 1,267 | 669 | 352 | 728 | 341 | 259 | 304 |
Total other expense | |||||||||
-9,230 | -16,788 | -14,728 | -24,776 | -11,400 | -2,784 | 1,080 | -2,558 | 1,809 | 381 |
Income before income taxes | |||||||||
64,858 | 42,970 | 55,301 | 46,855 | 61,050 | 50,147 | 41,718 | 29,807 | 22,186 | 23,483 |
Income tax expense | |||||||||
15,263 | -6,395 | 21,049 | 21,244 | 22,814 | 17,996 | 16,059 | 11,437 | 9,602 | 9,513 |
Net income | |||||||||
49,595 | 49,365 | 34,252 | 25,611 | 38,236 | 32,151 | 25,659 | 18,370 | 12,584 | 13,970 |
Earnings per share: | |||||||||
Basic (in dollars per share) | |||||||||
2.27 | 2.27 | 1.58 | 1.18 | 1.78 | 1.73 | 1.41 | 1.01 | 0.69 | 0.77 |
Diluted (in dollars per share) | |||||||||
2.25 | 2.25 | 1.57 | 1.18 | 1.77 | 1.72 | 1.40 | 1.01 | 0.69 | 0.77 |
Shares used in earnings per share calculation: | |||||||||
Basic (in shares) | |||||||||
21,888 | 21,758 | 21,704 | 21,637 | 21,537 | 18,592 | 18,238 | 18,198 | 18,170 | 18,146 |
Diluted (in shares) | |||||||||
22,047 | 21,902 | 21,789 | 21,733 | 21,655 | 18,676 | 18,281 | 18,223 | 18,189 | 18,173 |
Dividends paid per share (in dollars per share) | |||||||||
- | - | - | - | - | - | - | - | 0.72 | 0.72 |