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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues $ 40,545 $ 24,706 $ 140,804 $ 115,766
Cost of sales 32,816 19,636 151,252 80,811
Gross profit 7,729 5,070 (10,448) 34,955
Operating expenses:        
Selling, general and administrative 7,356 3,473 26,038 9,823
Amortization 742 121 2,225 364
Total operating expenses 8,098 3,594 28,263 10,187
Operating income (loss) (369) 1,476 (38,711) 24,768
Interest expense 4,064 24 10,616 170
(Loss) income before income taxes (4,433) 1,452 (49,327) 24,598
Income tax expense (benefit) 9,447 (652) (1,775) 8,236
Net (loss) income $ (13,880) $ 2,104 $ (47,552) $ 16,362
Net (loss) income per common share – Basic $ (0.33) $ 0.05 $ (1.12) $ 0.39
Net (loss) income per common share – Diluted $ (0.33) $ 0.05 $ (1.12) $ 0.38
Weighted average number of shares outstanding – Basic 42,530,476 41,869,528 42,445,926 41,648,439
Weighted average number of shares outstanding – Diluted 42,530,476 43,463,982 42,445,926 43,173,427