Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (unaudited)

v3.7.0.1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales [1] $ 1,150,593 $ 849,973
Operating costs and expenses:    
Cost of sales 972,874 735,144
Direct operating expenses 64,242 68,617
Selling, general and administrative expenses 49,225 48,701
Depreciation and amortization 36,547 34,862
Total operating costs and expenses 1,122,888 887,324
Gain (loss) on disposition of assets 476 (2,088)
Operating income (loss) 28,181 (39,439)
Interest expense (15,117) (18,307)
Equity earnings (losses) of investees (133) 378
Other income (loss), net (89) 72
Income (loss) before income tax expense (benefit) 12,842 (57,296)
Income tax expense (benefit) 2,568 (21,236)
Net income (loss) 10,274 (36,060)
Net income (loss) attributable to non-controlling interest 2,947 (523)
Net income (loss) available to stockholders $ 7,327 $ (35,537)
Earnings (loss) per share, basic $ 0.10 $ (0.51)
Weighted average shares outstanding, basic (in thousands) 71,490 70,143
Earnings (loss) per share, diluted $ 0.10 $ (0.51)
Weighted average shares outstanding, diluted (in thousands) 71,577 70,143
Cash dividends per share $ 0.15 $ 0.15
[1] Includes excise taxes on sales by the retail segment of $20,725 and $19,525 for the three months ended March 31, 2017 and 2016, respectively.