XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net revenue $ 197,172 $ 148,880
Expenses:    
Cost of revenue 129,891 84,756
Direct operating expenses (including related parties of $1,576 and $1,937) (including non-cash stock-based compensation of $958 and $316) 27,823 26,561
Selling, general and administrative expenses 16,039 13,853
Corporate expenses (including non-cash stock-based compensation of $1,615 and $755) 8,724 7,158
Depreciation and amortization (includes direct operating of $4,350 and $3,843; selling, general and administrative of $1,967 and $1,153; and corporate of $78 and $188) (including related parties of $231 and $307) 6,395 5,184
Change in fair value of contingent consideration 5,100  
Impairment charge 1,326
Foreign currency (gain) loss (847) 586
Other operating (gain) loss (119) (1,913)
Operating income (loss) 4,166 11,369
Interest expense (1,836) (1,717)
Interest income 406 140
Dividend income 3 2
Income (loss) before income taxes 2,739 9,794
Income tax benefit (expense) (852) (2,792)
Net income (loss) 1,887 7,002
Net (income) loss attributable to redeemable noncontrolling interest   (1,573)
Net income (loss) attributable to common stockholders $ 1,887 $ 5,429
Basic and diluted earnings per share:    
Net income (loss) per share attributable to common stockholders, basic and diluted $ 0.02 $ 0.06
Cash dividends declared per common share $ 0.03 $ 0.03
Weighted average common shares outstanding, basic 86,522,378 85,041,628
Weighted average common shares outstanding, diluted 88,630,216 86,986,581