v3.10.0.1
Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue        
Total revenue $ 37,507,244 $ 29,109,882 $ 71,945,940 $ 59,833,746
Costs and expenses        
Electrical construction 29,287,017 21,410,600 56,069,877 43,419,573
Other 793,348 216,727 1,007,105 1,091,004
Selling, general and administrative 2,112,110 1,554,782 4,228,523 3,334,756
Depreciation and amortization 2,002,233 1,812,597 3,889,742 3,561,488
(Gain) loss on sale of property and equipment (51,826) 14,138 (65,217) 11,565
Total costs and expenses 34,142,882 25,008,844 65,130,030 51,418,386
Total operating income 3,364,362 4,101,038 6,815,910 8,415,360
Other income (expense), net        
Interest income 10,053 5,855 16,841 13,190
Interest expense, net of amount capitalized (207,684) (138,440) (397,300) (272,459)
Other income, net 22,274 15,818 37,367 30,467
Total other expense, net (175,357) (116,767) (343,092) (228,802)
Income before income taxes 3,189,005 3,984,271 6,472,818 8,186,558
Income tax provision 1,037,512 1,466,378 1,915,651 3,003,516
Net income $ 2,151,493 $ 2,517,893 $ 4,557,167 $ 5,183,042
Net income (loss) per share of common stock — basic and diluted        
Net income per share of common stock - basic and diluted (usd per share) $ 0.08 $ 0.10 $ 0.18 $ 0.20
Weighted average shares outstanding - basic and diluted (shares) 25,451,354 25,451,354 25,451,354 25,451,354
Electrical construction        
Revenue        
Revenue $ 36,195,767 $ 28,804,467 $ 70,327,686 $ 58,253,114
Other        
Revenue        
Revenue $ 1,311,477 $ 305,415 $ 1,618,254 $ 1,580,632

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