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v3.20.4
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue:      
Amortization of customer relationships $ (70,672) $ (57,010)  
Total revenue 900,719 792,588  
Operating expenses:      
Direct operating 165,386 195,818  
General and administrative (including $35,111, $73,517 and $12,778 of equity-based compensation in 2018, 2019 and 2020, respectively) 52,213 118,113 $ 43,851
Facility idling 15,219 11,401  
Impairment of goodwill 575,461 340,350  
Impairment of long-lived assets 98,179 409,739  
Impairment of customer relationships   11,871  
Depreciation 108,790 95,526  
Accretion and change in fair value of contingent acquisition consideration   8,076  
Accretion of asset retirement obligations 180 187  
Loss on asset sale 2,929    
Total operating expenses 1,018,357 1,191,081 43,851
Operating loss (117,638) (398,493) (43,851)
Interest expense, net (147,007) (110,402) (136)
Equity in earnings of unconsolidated affiliates 86,430 51,315 142,906
Income (loss) before income taxes (178,215) (457,580) 98,919
Provision for income tax benefit (expense) 55,688 102,466 (32,311)
Net income (loss) and comprehensive income (loss) $ (122,527) $ (355,114) $ 66,608
Net income (loss) per share-basic (in dollars per share) $ (0.26) $ (0.80) $ 0.33
Net income (loss) per share-diluted (in dollars per share) $ (0.26) $ (0.80) $ 0.33
Weighted average common shares outstanding:      
Basic 478,278 442,640 186,203
Diluted 478,278 442,640 186,203
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate      
Revenue:      
Total operating revenues $ 711,459 $ 543,538  
Natural Gas Water Handling and Treatment - Affiliate      
Revenue:      
Total operating revenues $ 259,932 306,010  
Natural Gas Water Handling and Treatment      
Revenue:      
Total operating revenues   $ 50  

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