v3.22.2.2
Consolidated statements of operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 589,844 $ 174,819 $ 934,824 $ 324,405
Operating costs and expenses:        
Cost of revenues, exclusive of depreciation, depletion and amortization 340,600 126,708 573,199 245,014
Depreciation, depletion and amortization 64,064 34,904 108,280 70,365
Loss on disposal of assets, net 2,143 1,868 1,989 4,075
Selling, general, and administrative 87,548 14,094 121,675 27,872
Total operating costs and expenses 494,355 177,574 805,143 347,326
Operating income (loss) 95,489 (2,755) 129,681 (22,921)
Other (expense) income:        
Interest expense, net (13,451) (6,187) (22,723) (12,222)
Loss on extinguishment of debt (8,822)   (17,095)  
Other income, net 989 53 9,220 240
Income (loss) before income tax provision 74,205 (8,889) 99,083 (34,903)
Income tax (provision) benefit (4,112) 283 (4,864) 308
Net income (loss) 70,093 (8,606) 94,219 (34,595)
Less: net (income) loss attributable to ProFrac Predecessor (56,157) 8,478 (79,867) 34,476
Less: net loss attributable to noncontrolling interests 8,704 $ 128 8,288 $ 119
Less: net income attributable to redeemable noncontrolling interests (16,082)   (16,082)  
Net income attributable to ProFrac Holding Corp. $ 6,558   $ 6,558  
Basic earnings per Class A share $ 0.16   $ 0.16  
Diluted earnings per Class A share $ 0.16   $ 0.16  
Weighted average shares used in computing basic earnings per Class A share 40,123   40,123  
Weighted average shares used in computing diluted earnings per Class A share 40,145   40,145  

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