Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 3,353,278 $ 3,020,161 $ 9,056,675 $ 8,290,487
Cost of services (including depreciation) 2,818,602 2,512,647 7,701,398 7,095,513
Gross profit 534,676 507,514 1,355,277 1,194,974
Equity in earnings of integral unconsolidated affiliates 10,232 5,120 22,865 6,165
Selling, general and administrative expenses (274,846) (250,654) (788,308) (709,299)
Amortization of intangible assets (22,772) (19,687) (65,418) (55,374)
Asset impairment charges 0 0 (2,319) 0
Change in fair value of contingent consideration liabilities 787 (78) 1,360 (598)
Operating income 248,077 242,215 523,457 435,868
Interest expense (17,259) (11,049) (42,843) (33,709)
Interest income 72 80 3,098 1,114
Other income (expense), net 6,089 2,931 18,232 (3,649)
Income before income taxes 236,979 234,177 501,944 399,624
Provision for income taxes 61,581 70,477 116,256 119,626
Net income 175,398 163,700 385,688 279,998
Less: Net income attributable to non-controlling interests 1,033 787 4,529 4,453
Net income attributable to common stock $ 174,365 $ 162,913 $ 381,159 $ 275,545
Earnings per share attributable to common stock:        
Basic (in dollars per share) $ 1.25 $ 1.16 $ 2.72 $ 1.95
Diluted (in dollars per share) $ 1.21 $ 1.13 $ 2.64 $ 1.90
Shares used in computing earnings per share:        
Weighted average basic shares outstanding (in shares) 140,008,000 140,542,000 140,134,000 141,610,000
Weighted average diluted shares outstanding (in shares) 144,304,000 144,363,000 144,448,000 144,985,000