v3.22.2.2
Consolidated statements of operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues $ 696,730 $ 195,931 $ 1,631,554 $ 520,336
Operating costs and expenses:        
Cost of revenues, exclusive of depreciation, depletion and amortization 388,068 144,163 961,267 389,177
Depreciation, depletion and amortization 68,758 35,241 177,038 105,606
Loss on disposal of assets, net 667 3,397 2,656 7,472
Selling, general, and administrative 70,287 20,047 191,962 47,919
Total operating costs and expenses 527,780 202,848 1,332,923 550,174
Operating income (loss) 168,950 (6,917) 298,631 (29,838)
Other (expense) income:        
Interest expense, net (16,261) (6,896) (38,984) (19,118)
Loss on extinguishment of debt (242)   (17,337)  
Other (expense) income, net (928) (92) 8,292 148
Income (loss) before income tax provision 151,519 (13,905) 250,602 (48,808)
Income tax (provision) benefit (8,157) (170) (13,021) 138
Net income (loss) 143,362 (14,075) 237,581 (48,670)
Less: net (income) loss attributable to ProFrac Predecessor   14,033 (79,867) 48,509
Less: net loss attributable to noncontrolling interests 11,751 $ 42 20,039 $ 161
Less: net income attributable to redeemable noncontrolling interests (110,183)   (126,265)  
Net income attributable to ProFrac Holding Corp. $ 44,930   $ 51,488  
Basic earnings per Class A share $ 1.09   $ 1.26  
Diluted earnings per Class A share $ 1.09   $ 1.26  
Weighted average shares used in computing basic earnings per Class A share 41,239   40,846  
Weighted average shares used in computing diluted earnings per Class A share 41,349   40,927  

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