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, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Revenues $ 168,679 $ 164,304 $ 343,993 $ 318,631
Cost of revenues 147,708 144,503 299,265 277,702
Gross profit 20,971 19,801 44,728 40,929
General and administrative expenses (16,821) (14,771) (33,934) (29,202)
Gain on sale of equipment, net 435 693 744 1,027
Operating income 4,585 5,723 11,538 12,754
Interest expense, net (1,834) (379) (2,115) (894)
Other income (expense) (753) 123 (688) 106
Income before provision for income taxes and earnings from investment in joint venture 1,998 5,467 8,735 11,966
Provision for income taxes 531 1,488 1,850 3,139
Earnings from investment in joint venture 70 233 113 539
Net income $ 1,537 $ 4,212 $ 6,998 $ 9,366
Net income per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.03 $ 0.08 $ 0.14 $ 0.18
Diluted (in dollars per share) $ 0.03 $ 0.08 $ 0.14 $ 0.18
Weighted average number of common shares outstanding:        
Basic (in shares) 51,489,211 51,414,619 51,489,211 51,414,619
Diluted (in shares) 51,619,403 51,414,619 51,612,340 51,414,619