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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Revenues $ 73,983 $ 60,492 $ 140,760 $ 111,401
Cost of revenues        
Labor and other operating expenses 40,940 38,538 77,969 69,797
Depreciation, depletion and amortization 5,912 5,473 11,668 10,656
Total cost of revenues 46,852 44,011 89,637 80,453
Gross profit 27,131 16,481 51,123 30,948
Selling, general and administrative expenses 4,319 3,848 8,471 7,483
Operating profit 22,812 12,633 42,652 23,465
Other expense (income)        
Interest expense 64 63 128 126
Interest and other income, net (1,889) (177) (3,460) (237)
Total other expense (income) (1,825) (114) (3,332) (111)
Income before income tax expense 24,637 12,747 45,984 23,576
Income tax expense 4,925 2,509 9,168 4,670
Net income $ 19,712 $ 10,238 $ 36,816 $ 18,906
Net income per share of common stock        
Basic (in dollars per share) $ 3.46 $ 1.80 $ 6.47 $ 3.33
Diluted (in dollars per share) $ 3.45 $ 1.80 $ 6.46 $ 3.33