XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 926,458 $ 710,000 $ 1,734,606 $ 1,568,563
Cost of revenues: (exclusive of items shown separately below)        
Total cost of revenues 617,886 470,681 1,178,422 1,077,347
Selling, general and administrative expenses 124,106 103,839 245,747 233,146
Accretion of environmental liabilities 2,873 2,766 5,826 5,327
Depreciation and amortization 71,592 72,494 143,755 147,027
Income from operations 110,001 60,220 160,856 105,716
Other expense, net (1,480) (500) (2,708) (2,865)
Loss on sale of businesses 0 (184) 0 (3,258)
Interest expense, net of interest income of $580, $668, $1,060 and $1,666, respectively (18,051) (18,654) (35,969) (37,441)
Income before provision for income taxes 90,470 40,882 122,179 62,152
Provision for income taxes 23,395 11,859 33,368 21,557
Net income $ 67,075 $ 29,023 $ 88,811 $ 40,595
Earnings Per Share [Abstract]        
Basic (in dollars per share) $ 1.23 $ 0.52 $ 1.63 $ 0.73
Diluted (in dollars per share) $ 1.22 $ 0.52 $ 1.62 $ 0.73
Shares used to compute earnings per share - Basic (in shares) 54,529 55,590 54,625 55,673
Shares used to compute earnings per share - Diluted (in shares) 54,854 55,748 54,945 55,882
Service revenues        
Revenues:        
Total revenues $ 734,563 $ 637,839 $ 1,397,271 $ 1,357,706
Cost of revenues: (exclusive of items shown separately below)        
Total cost of revenues 492,662 411,065 943,000 903,781
Product revenues        
Revenues:        
Total revenues 191,895 72,161 337,335 210,857
Cost of revenues: (exclusive of items shown separately below)        
Total cost of revenues $ 125,224 $ 59,616 $ 235,422 $ 173,566