| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Revenue: | ||||||
Revenue | ||||||
241,687 | 197,196 | 67,395 | 18,157 | 14,205 | ||
Proppant management system sale | ||||||
- | - | - | - | 2,742 | ||
Operating costs and expenses: | ||||||
Cost of revenue | ||||||
- | - | - | - | 3,847 | ||
Cost of proppant management system rental (excluding $2,635 and $1,029 of depreciation and amortization for the three months ended March 31, 2018 and 2017, respectively, shown separately) | ||||||
- | - | - | - | 994 | ||
Cost of proppant management system sale | ||||||
- | - | - | - | 1,948 | ||
Depreciation and amortization | ||||||
26,925 | 18,422 | 6,635 | 3,792 | 2,395 | ||
Salaries, benefits and payroll taxes | ||||||
- | - | - | 3,061 | 3,571 | ||
Selling, general and administrative (excluding $152 and $119 of depreciation and amortization for the three months ended March 31, 2020 and 2019, respectively, shown separately) | ||||||
18,586 | 16,758 | 14,286 | 2,096 | 2,663 | ||
Other operating expenses | ||||||
-585 | -1,827 | -4,126 | - | - | ||
Total operating costs and expenses | ||||||
133,757 | 97,909 | 41,934 | 15,296 | 15,418 | ||
Operating income (loss) | ||||||
107,930 | 99,287 | 25,461 | 2,861 | -1,213 | ||
Interest expense, net | ||||||
634 | 374 | 97 | 23 | 22 | ||
Income pursuant to Tax Receivable Agreement | ||||||
- | - | 23,022 | - | - | ||
Other expense | ||||||
- | - | - | 8 | -71 | ||
Total other expense (income) | ||||||
-634 | -374 | 22,925 | -15 | -93 | ||
Income (loss) before income tax expense | ||||||
107,296 | 98,913 | 48,386 | 2,846 | -1,306 | ||
Provision for income taxes | ||||||
16,936 | 12,961 | 33,709 | 43 | 67 | ||
Net income (loss) | ||||||
90,360 | 85,952 | 14,677 | 2,803 | -1,373 | ||
Less: net income related to Solaris LLC | ||||||
- | - | 3,665 | 2,803 | -1,373 | ||
Less: net (income) loss related to non-controlling interests | ||||||
38,353 | 43,521 | 15,186 | - | - | ||
Net income (loss) attributable to Solaris | ||||||
52,007 | 42,431 | -4,174 | - | - | ||
System rental | ||||||
Revenue | ||||||
142,022 | 143,646 | 54,653 | 14,594 | 8,296 | ||
Cost of revenue | ||||||
9,707 | 7,230 | 2,627 | 1,431 | - | ||
Depreciation and amortization | ||||||
22,389 | 14,920 | 5,792 | 3,352 | - | ||
System services | ||||||
Revenue | ||||||
63,871 | 43,010 | 12,537 | 3,563 | 3,167 | ||
Cost of revenue | ||||||
74,749 | 50,633 | 14,184 | 4,916 | - | ||
Depreciation and amortization | ||||||
1,548 | 1,274 | 461 | 160 | - | ||
Transloading services | ||||||
Revenue | ||||||
34,105 | 8,083 | - | - | - | ||
Cost of revenue | ||||||
2,601 | 2,242 | 76 | - | - | ||
Depreciation and amortization | ||||||
1,643 | 954 | - | - | - | ||
Inventory software services | ||||||
Revenue | ||||||
1,689 | 2,457 | 205 | - | - | ||
Cost of revenue | ||||||
604 | 797 | - | - | - | ||
Depreciation and amortization | ||||||
772 | 794 | - | - | - | ||
Class A Common Stock | ||||||
Earnings per share of Class A common stock - basic (in dollars per share) | ||||||
1.69 | 1.60 | -0.34 | - | - | ||
Earnings per share of Class A common stock - diluted (in dollars per share) | ||||||
1.69 | 1.59 | -0.34 | - | - | ||
Basic weighted-average shares of Class A common stock outstanding (in shares) | ||||||
30,141 | 25,678 | 12,117 | - | - | ||
Diluted weighted-average shares of Class A common stock outstanding (in shares) | ||||||
30,185 | 25,829 | 12,117 | - | - | ||