Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited)

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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues $ 254,234 $ 225,954 $ 483,459 $ 393,090
Expenses:        
Operating expenses 174,569 143,401 340,594 260,147
Depreciation and amortization 36,180 32,280 70,517 61,792
Total expenses 210,749 175,681 411,111 321,939
Total operating gross margin 43,485 50,273 72,348 71,151
General and administration expense (7,007) (22,203) (15,971) (35,049)
Gain on disposition of assets, net 1,019 517 890 1,665
Total operating income 37,497 28,587 57,267 37,767
Other income and (expense):        
Interest expense (10,599) (10,741) (22,638) (20,747)
Interest income 88 2,203 120 2,262
Loss on extinguishment of debt (479) 0 (30,152) 0
Change in fair value of derivative positions 0 17 0 54
Other 1,032 (459) 1,927 (661)
Total other expense (9,958) (8,980) (50,743) (19,092)
Income before income taxes 27,539 19,607 6,524 18,675
Income tax expense 11,702 11,233 3,079 9,729
Net income 15,837 8,374 3,445 8,946
Less: Net income attributable to noncontrolling interest 156 93 313 73
Net income attributable to controlling interest $ 15,681 $ 8,281 $ 3,132 $ 8,873
Basic earnings per share (in dollars per share) $ 0.13 $ 0.07 $ 0.03 $ 0.07
Diluted earnings per share (in dollars per share) $ 0.13 $ 0.07 $ 0.03 $ 0.07
Number of common shares used in computing earnings per share:        
Basic (in shares) 121,078,359 119,483,780 120,726,004 119,177,431
Diluted (in shares) 122,764,247 121,860,011 122,586,056 121,498,223