Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES    
REVENUES $ 54,585 $ 62,067
OPERATING COSTS AND EXPENSES    
Cost of sales and processing (including depreciation and amortization of $4,055 and $3,952, respectively) 52,240 53,989
GROSS PROFIT 2,345 8,078
GENERAL AND ADMINISTRATIVE EXPENSES    
General and administrative 7,332 6,674
Depreciation 226 216
General and Administrative Expense 7,558 6,890
OPERATING INCOME (LOSS) (5,213) 1,188
OTHER INCOME (EXPENSE)    
Interest expense (302) (916)
Miscellaneous income (expense), net 110 (62)
OTHER INCOME (EXPENSE) (192) (978)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (5,405) 210
INCOME TAX BENEFIT 1,001 5,653
INCOME (LOSS) FROM CONTINUING OPERATIONS (4,404) 5,863
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX 0 4,857
NET INCOME (LOSS) $ (4,404) $ 10,720
Basic Earnings (Loss) per Common Share    
Net income (loss) from continuing operations (in dollars per share) $ (0.18) $ 0.24
Net income from discontinued operations, net of tax (in dollars per share) 0 0.20
Net income (loss) (in dollars per share) $ (0.18) $ 0.44
Basic weighted average number of common shares outstanding (in shares) 24,861 24,765
Diluted Earnings (Loss) per Common Share    
Net income (loss) from continuing operations (in dollars per share) $ (0.18) $ 0.23
Net income from discontinued operations, net of tax (in dollars per share) 0 0.19
Net income (loss) (in dollars per share) $ (0.18) $ 0.42
Diluted weighted average number of common shares outstanding (in shares) 24,861 25,276
Product sales    
REVENUES    
REVENUES $ 51,565 $ 57,183
Processing fees    
REVENUES    
REVENUES $ 3,020 $ 4,884