v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Total revenue $ 265,583 $ 297,591
Operating expenses:    
Cost of sales (excluding depreciation, depletion and accretion expense) [1] 214,025 206,063
Depreciation, depletion and accretion expense [1] 45,226 37,000
Gross profit (loss) 6,332 54,528
Selling, general and administrative expense (including stock-based compensation expense of $8,442 and $6,518, respectively) 35,746 34,412
Credit loss expense 17 0
Amortization expense of acquired intangible assets 6,371 4,785
Insurance recovery (gain) (3,326) 0
Operating income (loss) (32,476) 15,331
Interest (expense), net (15,784) (12,078)
Other income (expense), net 486 259
Income (loss) before income taxes (47,774) 3,512
Income tax expense (benefit) (510) 2,293
Net income (loss) $ (47,264) $ 1,219
Net income (loss) per common share    
Net income (loss) per common share, Basic $ (0.38) $ 0.01
Net income (loss) per common share, Diluted $ (0.38) $ 0.01
Weighted average common shares outstanding, Basic 124,626 118,245
Weighted average common shares outstanding, Diluted 124,626 119,747
Product    
Total revenue $ 108,940 $ 139,645
Service    
Total revenue 139,113 150,609
Rental revenue    
Total revenue $ 17,530 $ 7,337
[1] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.