Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)

v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue, net $ 194,310 $ 155,796 $ 566,898 $ 412,904
Cost of labor and chemicals 63,438 50,245 203,051 141,874
Other store operating expenses 68,435 56,127 194,889 164,352
General and administrative 22,166 10,476 226,015 37,069
Loss (gain) on sale of assets 748 (4,283) (5,559) (3,773)
Total costs and expenses 154,787 112,565 618,396 339,522
Operating income (loss) 39,523 43,231 (51,498) 73,382
Other expense:        
Interest expense, net 5,717 15,917 33,416 49,341
Loss on extinguishment of debt 3,183 1,918
Total other expense 5,717 15,917 36,599 51,259
Income (loss) before taxes 33,806 27,314 (88,097) 22,123
Income tax provision (benefit) 6,440 7,445 (29,747) 2,148
Net income (loss) 27,366 19,869 (58,350) 19,975
Other comprehensive income (loss), net of tax:        
Gain (loss) on interest rate swap 54 (288) 401 (1,189)
Total comprehensive income (loss) $ 27,420 $ 19,581 $ (57,949) $ 18,786
Net income (loss) per share:        
Basic $ 0.09 $ 0.08 $ (0.21) $ 0.08
Diluted $ 0.08 $ 0.07 $ (0.21) $ 0.07
Weighted-average common shares outstanding:        
Basic 296,360,660 261,863,586 274,387,532 261,784,795
Diluted 327,320,169 274,111,695 274,387,532 273,994,569