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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Contract revenues $ 345,611 $ 300,129
Contract costs 309,858 274,389
Gross profit 35,753 25,740
Selling, general and administrative expenses 28,280 25,779
Amortization of intangible assets 117 188
Gain on sale of property and equipment (1,051) (707)
Income from operations 8,407 480
Other income (expense)    
Interest income 0 1
Interest expense (721) (514)
Other, net 249 874
Income before provision for income taxes 7,935 841
Income tax expense (benefit) 2,291 (359)
Net income $ 5,644 $ 1,200
Income per common share:    
- Basic (in dollars per share) $ 0.35 $ 0.07
- Diluted (in dollars per share) $ 0.34 $ 0.07
Weighted average number of common shares and potential common shares outstanding:    
- Basic (in shares) 16,321 16,161
- Diluted (in shares) 16,520 16,452
Net income $ 5,644 $ 1,200
Other comprehensive income (loss):    
Foreign currency translation adjustment (17) (49)
Other comprehensive income (loss) (17) (49)
Total comprehensive income $ 5,627 $ 1,151