XML 50 R35.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data

 
 
Quarter ended
 
 
 
March 31
 
June 30
 
 
 
Sept. 30
 
 
 
Dec. 31
 
 
 
(in thousands, except per share amounts)
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
699,479

 
$
627,838

 
 
 
$
626,286

 
 
 
$
650,011

 
Gross profit
 
129,860

 
104,219

 
 
 
106,743

 
 
 
97,045

 
Operating income
 
23,520

(1) 
12,217

(2) 
 
19,936

 
 
 
10,026

(3) 
Net income
 
13,787

 
7,314

 
 
 
11,950

 
 
 
6,339

 
Basic net income per share
 
0.54

 
0.29

 
 
 
0.48

 
 
 
0.26

 
Diluted net income per share
 
0.54

 
0.29

 
 
 
0.48

 
 
 
0.26

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
636,999

 
$
564,621

 
 
 
$
560,303

 
 
 
$
595,865

 
Gross profit
 
106,176

 
95,453

 
 
 
100,817

 
 
 
101,359

 
Operating income
 
16,591

 
3,414

(4) 
 
14,460

 
 
 
13,009

(5) 
Net income
 
9,564

 
1,891

 
 
8,385

 
 
 
8,164

 
Basic net income per share
 
0.37

 
0.07

 
 
 
0.33

 
 
 
0.27

(6) 
Diluted net income per share
 
0.37

 
0.07

 
 
 
0.33

 
 
 
0.27

(6) 
____________________________________

(1) 
Includes non-cash impairment and other charges in the first quarter of 2015 of $9.8 million. Please read Note 6, “Other Asset Impairments,” for additional information.
(2) 
Includes non-cash impairment and other charges in the second quarter of 2015 of $1.3 million. Please read Note 6, “Other Asset Impairments,” for additional information.
(3) 
Includes a reduction to non-cash impairment and other charges in the fourth quarter of 2015 of $0.6 million. Please read Note 6, “Other Asset Impairments,” for additional information.
(4) 
Includes a non-cash impairment charge in the first quarter of 2014 of $2.5 million. Please read Note 5, “Goodwill and Other Intangible Assets,” for additional information.
(5) 
Includes a $1.2 million non-cash charge in the fourth quarter of 2014. Please read Note 1, “Accounting Policies,” for additional information.
(6) 
Includes the impact of dividends exceeding earnings under the two-class method, resulting in a $0.05 earnings per share decrease in the fourth quarter of 2014. Please read Note 11, “Net Income Per Share,” for additional information.