Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue $ 188,918 $ 186,982
Cost of revenue 160,177 169,056
Gross profit 28,741 17,926
Operating expenses    
Selling and marketing expenses 1,649 2,313
General and administrative expenses 30,875 35,984
Restructuring charges 5,689  
Depreciation and amortization expense 857 1,673
Total operating expenses 39,070 39,970
Operating loss (10,329) (22,044)
Other (income) expense    
Interest expense, net 8,990 14,626
Gain on sale of business and net assets held for sale   (239)
Other (income) expense, net (1,129) (45)
Total other (income) expense, net 7,861 14,342
Loss from continuing operations before income tax expense (18,190) (36,386)
Income tax expense (benefit) (4,400) (6,367)
Loss from continuing operations (13,790) (30,019)
Discontinued operations:    
Loss from discontinued operations before income tax expense (benefit) (15,002) (25,318)
Income tax expense (benefit) (3,357) 1,186
Loss from discontinued operations (11,645) (26,504)
Net loss $ (25,435) $ (56,523)
Basic earnings (loss) per common share    
Loss from continuing operations $ (0.76) $ (1.70)
Loss from discontinued operations (0.64) (1.50)
Basic earnings (loss) per common share (1.40) (3.20)
Diluted earnings (loss) per common share    
Loss from continuing operations (0.76) (1.70)
Loss from discontinued operations (0.64) (1.50)
Diluted earnings (loss) per common share $ (1.40) $ (3.20)