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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Consolidated Statements of Income        
Revenues $ 89,502 $ 60,645 $ 277,781 $ 154,973
Cost of sales 45,263 36,967 130,225 100,329
Gross profit 44,239 23,678 147,556 54,644
Operating expenses:        
Selling, general and administrative 7,219 6,072 21,057 19,586
Amortization 698 698 2,095 2,095
Total operating expenses 7,917 6,770 23,152 21,681
Operating income 36,322 16,908 124,404 32,963
Other (expense) income:        
Net interest expense (2,365) (2,843) (12,293) (8,532)
Other income   2,475   2,470
Total other (expense) (2,365) (368) (12,293) (6,062)
Income before income taxes 33,957 16,540 112,111 26,901
Income tax expense 4,601 670 13,390 830
Net income $ 29,356 $ 15,870 $ 98,721 $ 26,071
Net income per common share - Basic $ 0.65 $ 0.36 $ 2.20 $ 0.60
Net income per common share - Diluted $ 0.62 $ 0.34 $ 2.10 $ 0.56
Weighted average number of shares outstanding - Basic 45,063,810 43,870,825 44,935,739 43,576,211
Weighted average number of shares outstanding - Diluted 47,181,424 46,964,522 47,053,010 46,412,691