Schedule of Quarterly Financial Information |
The following table summarizes the unaudited statement of operations for each quarter of 2017 and 2016 (in thousands, except per share data):
| | | | | | | | | | | | | | | | | | | | | | | | Total | | Dec. 31 (3) | | Sept. 30 (2) | | June 30 | | Mar. 31 | 2017 | | | | | | | | | | | Net revenue | | $ | 78,718 |
| | $ | 18,865 |
| | $ | 18,557 |
| | $ | 21,605 |
| | $ | 19,691 |
| Gross profit | | 55,554 |
| | 13,900 |
| | 13,214 |
| | 15,318 |
| | 13,122 |
| Operating (loss) income | | (20,631 | ) | | (4,757 | ) | | (4,459 | ) | | (3,166 | ) | | (8,249 | ) | Net income (loss) from continuing operations | | (17,414 | ) | | 447 |
| | (4,532 | ) | | (3,779 | ) | | (9,550 | ) | Net income (loss) from discontinued operations | | 1,109 |
| | 392 |
| | 198 |
| | 393 |
| | 126 |
| Net income (loss) | | (16,305 | ) | | 839 |
| | (4,334 | ) | | (3,386 | ) | | (9,424 | ) | Basic net income (loss) per share (1): | | | | | | | | | | | Continuing operations | | (0.47 | ) | | 0.01 |
| | (0.12 | ) | | (0.10 | ) | | (0.26 | ) | Discontinued operations | | 0.03 |
| | 0.01 |
| | — |
| | 0.01 |
| | 0.01 |
| Net income (loss) per share - basic | | (0.44 | ) | | 0.02 |
| | (0.12 | ) | | (0.09 | ) | | (0.25 | ) | Diluted net income (loss) per share (1): | | | | | | | | | | | Continuing operations | | (0.47 | ) | | 0.01 |
| | (0.12 | ) | | (0.10 | ) | | (0.26 | ) | Discontinued operations | | 0.03 |
| | 0.01 |
| | — |
| | 0.01 |
| | 0.01 |
| Net income (loss) per share - diluted | | (0.44 | ) | | 0.02 |
| | (0.12 | ) | | (0.09 | ) | | (0.25 | ) | 2016 | | | | | | | | | | | Net revenue | | $ | 81,479 |
| | $ | 20,395 |
| | $ | 21,189 |
| | $ | 20,073 |
| | $ | 19,822 |
| Gross profit | | 53,931 |
| | 13,804 |
| | 13,954 |
| | 13,422 |
| | 12,751 |
| Operating (loss) income | | (38,743 | ) | | (6,660 | ) | | (8,746 | ) | | (8,251 | ) | | (15,086 | ) | Net income (loss) from continuing operations | | (37,773 | ) | | (10,203 | ) | | (3,334 | ) | | (8,826 | ) | | (15,410 | ) | Net income (loss) from discontinued operations | | 1,223 |
| | 227 |
| | 278 |
| | 479 |
| | 239 |
|
| | | | | | | | | | | | | | | | | | | | | | Net income (loss) | | (36,550 | ) | | (9,976 | ) | | (3,056 | ) | | (8,347 | ) | | (15,171 | ) | Basic net income (loss) per share (1): | | | | | | | | | | | Continuing operations | | (1.02 | ) | | (0.28 | ) | | (0.09 | ) | | (0.24 | ) | | (0.42 | ) | Discontinued operations | | 0.03 |
| | 0.01 |
| | 0.01 |
| | 0.01 |
| | — |
| Net income (loss) per share - basic | | (0.99 | ) | | (0.27 | ) | | (0.08 | ) | | (0.23 | ) | | (0.42 | ) | Diluted net income (loss) per share (1): | | | | | | | | | | | Continuing operations | | (1.02 | ) | | (0.28 | ) | | (0.09 | ) | | (0.24 | ) | | (0.42 | ) | Discontinued operations | | 0.03 |
| | 0.01 |
| | 0.01 |
| | 0.01 |
| | — |
| Net income (loss) per share - diluted | | (0.99 | ) | | (0.27 | ) | | (0.08 | ) | | (0.23 | ) | | (0.42 | ) |
| | (1) | The sum of the quarterly net income per share amounts will not necessarily equal net income per share for the year due to the use of weighted average quarterly shares and the effects of rounding. |
| | (2) | Included in third quarter 2016 net income was a $4.0 million pretax gain related to the 2015 sale of Slingo, described in Note 3. Acquisitions and Disposals, and a $2.0 million pretax gain related to the sale of an intangible asset, described in Note 7. Other Intangible Assets. |
| | (3) | Included in fourth quarter 2017 net income was a $4.5 million pretax gain related to the 2015 sale of Slingo, described in Note 3. Acquisitions and Disposals. |
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