v3.24.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total sales $ 613,960 $ 482,724 $ 172,404
Operating expenses:      
Gross profit 313,766 256,308 64,067
Cost of sales (excluding depreciation, depletion and accretion expense) 260,396 198,918 84,656
Depreciation, depletion and accretion expense 39,798 27,498 23,681
Selling, general and administrative expense (including stock and unit-based compensation expense of $7,409, $678, and $129, respectively.) 48,636 24,317 17,071
Operating income 265,130 231,991 46,996
Interest expense, net (7,689) (15,760) (42,198)
Other income 430 2,631 291
Income before income taxes 257,871 218,862 5,089
Income tax expense 31,378 1,856 831
Net income 226,493 217,006 4,258
Less: Pre-IPO net income attributable to Atlas Sand Company, LLC 54,561    
Less: Net income attributable to redeemable noncontrolling interest 66,503    
Net income attributable to Atlas Energy Solutions, Inc. $ 105,429 217,006 4,258
Earnings Per Share [Abstract]      
Net income per common share, Basic $ 1.5    
Net income per common share, Diluted $ 1.48    
Weighted average common shares outstanding, Basic 70,450    
Weighted average common shares outstanding, Diluted 71,035    
Product [Member]      
Total sales $ 468,119 408,446 142,519
Service [Member]      
Total sales $ 145,841 $ 74,278 $ 29,885

Source