| Dec'18 | Dec'17 | Dec'16 | Dec'15 | |||
|---|---|---|---|---|---|---|
Revenue from Contract with Customer, Excluding Assessed Tax | ||||||
1,704,562 | 981,865 | 436,920 | 569,618 | |||
COSTS AND EXPENSES | ||||||
Cost of services (exclusive of depreciation and amortization) | ||||||
1,270,577 | 813,823 | 404,140 | 483,338 | |||
General and administrative (inclusive of stock-based compensation) | ||||||
53,958 | 49,215 | 26,613 | 27,370 | |||
Depreciation and amortization | ||||||
88,138 | 55,628 | 43,542 | 50,134 | |||
Property and equipment impairment expense | ||||||
0 | 0 | 6,305 | 36,609 | |||
Goodwill impairment expense | ||||||
0 | 0 | 1,177 | 0 | |||
Loss on disposal of assets | ||||||
-59,200 | -39,086 | -22,500 | -21,268 | |||
Total costs and expenses | ||||||
1,471,893 | 957,752 | 504,306 | 618,719 | |||
OPERATING INCOME | ||||||
232,669 | 24,113 | -67,386 | -49,101 | |||
OTHER EXPENSE: | ||||||
Interest expense | ||||||
6,889 | 7,347 | 20,387 | 21,641 | |||
Gain on extinguishment of debt | ||||||
0 | 0 | 6,975 | 0 | |||
Other expense | ||||||
663 | 1,025 | 321 | 499 | |||
Total other expense | ||||||
-7,552 | -8,372 | -13,733 | -22,140 | |||
INCOME BEFORE INCOME TAXES | ||||||
225,117 | 15,741 | -81,119 | -71,241 | |||
INCOME TAX EXPENSE | ||||||
51,255 | 3,128 | -27,972 | -25,388 | |||
NET INCOME | ||||||
173,862 | 12,613 | -53,147 | -45,853 | |||
NET INCOME PER COMMON SHARE: | ||||||
Basic (in dollars per share) | ||||||
2.08 | 0.17 | -1.19 | -1.31 | |||
Diluted (in dollars per share) | ||||||
2.00 | 0.16 | -1.19 | -1.31 | |||
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: | ||||||
Basic (in shares) | ||||||
83,460 | 76,371 | 44,787 | 34,993 | |||
Diluted (in shares) | ||||||
87,046 | 79,583 | 44,787 | 34,993 | |||
Oil and Gas Service | ||||||
REVENUE - Service revenue | ||||||
1,704,562 | 981,865 | 436,920 | - | |||