Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Revenues $ 118,899 $ 110,366 $ 269,320 $ 232,486
Cost of revenues 105,150 96,005 232,773 199,396
Gross profit 13,749 14,361 36,547 33,090
General and administrative expenses (13,358) (10,965) (25,784) (21,528)
Gain on sale of equipment, net 886 2,183 1,031 2,437
Operating income 16,080 5,579 26,597 13,999
Interest expense, net (253) (1,096) (550) (2,143)
Other expense (39) (105) (60) (131)
Income before provision for income taxes and earnings from investment in joint venture 15,788 4,378 25,987 11,725
Provision for income taxes 4,770 1,578 3,973 4,364
Earnings from investment in joint venture 230   230  
Net income $ 11,248 $ 2,800 $ 22,244 $ 7,361
Net income per share attributable to common stockholders:        
Basic $ 0.27 $ 0.07 $ 0.53 $ 0.18
Diluted $ 0.27 $ 0.07 $ 0.53 $ 0.18
Weighted average number of common shares outstanding:        
Basic 41,717,024 41,502,490 41,704,071 41,502,490
Diluted 41,910,122 41,505,180 41,874,442 41,502,490
Subsidiaries [Member] | Settlement Agreement [Member]        
Settlement income $ 14,803   $ 14,803