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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Financial Data (Unaudited)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

During the fourth quarter of 2017, the Company determined that certain 2017 and 2016 prior period quarterly balances contained errors, predominately due to a failure to appropriately account for and resolve transactions specific to suspense and clearing accounts. There were also immaterial corrections in the third quarter of 2017 for interest expense and intangible asset amortization expense. Management evaluated the materiality of the errors, quantitatively and qualitatively, and concluded that they were not material, but elected to correct the accompanying table of selected quarterly financial data. See Note 1 - Nature of Business.


A summary of unaudited quarterly financial information for the years ended December 31, 2017 and 2016 is as follows (in thousands except per share data).
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Year ended December 31, 2017
 
 
 
 
 
 
 
Revenue
$
217,810

 
$
218,106

 
$
198,692

 
$
182,582

Gross profit
64,874

 
67,611

 
66,563

 
70,194

Loss from continuing operations, before income taxes
(18,801
)
 
(28,432
)
 
(12,998
)
 
(7,202
)
Net (loss) income from discontinued operations, net of income taxes
(299
)
 
(373
)
 
66

 
(287
)
Net loss
$
(19,719
)
 
$
(29,523
)
 
$
(12,992
)
 
$
(1,962
)
 
 
 
 
 
 
 
 
Loss per share from continuing operations, basic and diluted
$
(0.18
)
 
$
(0.26
)
 
$
(0.12
)
 
$
(0.03
)
Loss per share from discontinued operations, basic and diluted
—

 
—

 
—

 
(0.01
)
Loss per share, basic and diluted
$
(0.18
)
 
$
(0.26
)
 
$
(0.12
)
 
$
(0.04
)
 
 
 
 
 
 
 
 
Year ended December 31, 2016
 

 
 

 
 

 
 

Revenue
$
238,462

 
$
232,462

 
$
224,542

 
$
240,123

Gross profit
63,302

 
63,266

 
61,721

 
73,793

Loss from continuing operations, before income taxes
(10,311
)
 
(8,770
)
 
(11,012
)
 
(4,064
)
Net (loss) income from discontinued operations, net of income taxes
504

 
169

 
107

 
(7,373
)
Net loss
$
(9,830
)
 
$
(8,750
)
 
$
(11,327
)
 
$
(12,858
)
 
 
 
 
 
 
 
 
Loss per share from continuing operations, basic and diluted
$
(0.17
)
 
$
(0.14
)
 
$
(0.11
)
 
$
(0.06
)
Income (loss) per share from discontinued operations, basic and diluted
—

 
—

 
—

 
(0.07
)
Loss per share, basic and diluted
$
(0.17
)
 
$
(0.14
)
 
$
(0.11
)
 
$
(0.13
)