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v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue:        
Amortization of customer relationships $ (17,668) $ (17,800) $ (53,004) $ (53,011)
Total revenue 224,804 233,415 681,712 696,859
Operating expenses:        
Direct operating 39,499 38,052 118,368 128,847
General and administrative 14,810 13,232 46,991 39,191
Facility idling 870 2,527 3,033 13,680
Impairment of goodwill       575,461
Impairment of property and equipment 203 947 1,582 90,030
Depreciation 27,487 26,801 80,956 81,889
Accretion of asset retirement obligations 114 39 347 142
Loss on asset sale     3,628 240
Total operating expenses 82,983 81,598 254,905 929,480
Operating income (loss) 141,821 151,817 426,807 (232,621)
Interest expense, net (44,544) (34,501) (130,915) (107,443)
Equity in earnings of unconsolidated affiliates 24,088 23,173 66,347 63,197
Loss on early extinguishment of debt     (20,701)  
Total other expense (20,456) (11,328) (85,269) (44,246)
Income (loss) before income taxes 121,365 140,489 341,538 (276,867)
Provision for income tax benefit (expense) (32,038) (34,982) (88,547) 77,882
Net income (loss) and comprehensive income (loss) $ 89,327 $ 105,507 $ 252,991 $ (198,985)
Net income (loss) per share-basic (in dollars per share) $ 0.19 $ 0.22 $ 0.53 $ (0.42)
Net income (loss) per share-diluted (in dollars per share) $ 0.19 $ 0.22 $ 0.53 $ (0.42)
Weighted average common shares outstanding:        
Basic (in shares) 477,442 476,578 477,196 478,831
Diluted (in shares) 479,695 478,694 479,501 478,831
Natural Gas, Gathering, Transportation, Marketing and Processing - Affiliate        
Revenue:        
Total operating revenues $ 188,716 $ 190,214 $ 566,544 $ 527,334
Natural Gas Water Handling and Treatment - Affiliate        
Revenue:        
Total operating revenues 53,511 $ 61,001 167,832 $ 222,536
Natural Gas Water Handling and Treatment        
Revenue:        
Total operating revenues $ 245   $ 340  

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