Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - 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]        
Net sales $ 70,850 $ 116,003 $ 223,710 $ 331,910
Cost of sales (exclusive of depreciation and amortization shown below) 52,516 81,940 163,009 236,757
Gross profit 18,334 34,063 60,701 95,153
Operating expenses:        
Store operations and other operational expenses 13,585 14,842 41,884 35,648
Selling, general, and administrative 8,796 10,530 28,164 28,102
Bad debt expense 172 477 1,774 873
Depreciation and amortization 3,875 3,539 13,164 8,510
Impairment loss 0 0 127,831 0
Total operating expenses 26,428 29,388 212,817 73,133
Income (Loss) from operations (8,094) 4,675 (152,116) 22,020
Other income (expense):        
Other income (expense) 34 78 547 32
Interest income 143 395 190 435
Interest expense (3) (25) (16) (31)
Total non-operating income (expense), net 174 448 721 436
Net income (loss) before taxes (7,920) 5,123 (151,395) 22,456
Benefit (provision) for income taxes 718 (1,096) 2,637 (5,569)
Net income (loss) $ (7,202) $ 4,027 $ (148,758) $ 16,887
Net income (loss) per share, basic (in dollars per share) $ (0.12) $ 0.07 $ (2.45) $ 0.29
Net income (loss) per share, diluted (in dollars per share) $ (0.12) $ 0.07 $ (2.45) $ 0.28
Weighted average shares outstanding, basic (in shares) 60,855 58,531 60,771 58,994
Weighted average shares outstanding, diluted (in shares) 60,855 59,490 60,771 60,108