v3.10.0.1
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]                
Revenues $ 123,395     $ 118,308     $ 351,673 $ 326,186
Expenses:                
Operating expenses 93,943     88,120     277,111 263,575
Depreciation and amortization 27,520     30,067     83,205 93,251
Total expenses 121,463     118,187     360,316 356,826
Total operating gross margin (loss) 1,932     121     (8,643) (30,640)
General and administrative expense (14,495)     (7,033)     (28,984) (20,576)
Loss on impairment (43,990)     0     (43,990) 0
Gain (loss) on disposition of assets, net 9     97     (126) (368)
Total operating income (loss) (56,544)     (6,815)     (81,743) (51,584)
Other income (expense):                
Interest expense (11,350)     (11,067)     (33,787) (33,032)
Interest income 23     128     76 160
Other (709)     (638)     (1,609) 452
Total other income (expense) (12,036)     (11,577)     (35,320) (32,420)
Income (loss) before income taxes (68,580)     (18,392)     (117,063) (84,004)
Income tax expense (benefit) 2,371     1,919     5,561 6,004
Net income (loss) (70,951) $ (22,877) $ (28,796) (20,311) $ (29,888) $ (39,809) (122,624) (90,008)
Less: Convertible preferred stock dividend 906     906     2,719 2,145
Net income (loss) available to common stockholders $ (71,857)     $ (21,217)     $ (125,343) $ (92,153)
Basic earnings (loss) per common share (in dollars per share) [1] $ (7.70)     $ (2.30)     $ (13.49) $ (10.20)
Diluted earnings (loss) per common share (in dollars per share) [1] $ (7.70)     $ (2.30)     $ (13.49) $ (10.20)
Number of common shares used in computing earnings per share:                
Basic (in shares) [1] 9,334,390     9,220,001     9,292,858 9,030,345
Diluted (in shares) [1] 9,334,390     9,220,001     9,292,858 9,030,345
[1] See Note 8 - Stockholders’ Equity for details regarding the 1-for-15 reverse stock split.

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