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Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
Quarterly Results (Unaudited)
The following table presents the Company’s selected unaudited quarterly results for each of the quarters ended during 2015 and 2016 (dollars in thousands, except per share data):
 
Three Months Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
FOR THE YEAR ENDED DECEMBER 31, 2016
 
 
 
 
 
 
 
Net revenue
$
268,530

 
$
287,193

 
$
286,136

 
$
299,541

Operating income (loss)
$
10,114

 
$
36,665

 
$
113,017

 
$
(568,585
)
(Loss) income before income taxes
$
(23,562
)
 
$
2,315

 
$
79,109

 
$
(594,736
)
Net (loss) income
$
(14,429
)
 
$
1,066

 
$
46,321

 
$
(543,677
)
Basic:
 
 
 
 
 
 
 
(Loss) income per share
$
(0.49
)
 
$
0.04

 
$
1.58

 
$
(18.57
)
Diluted:
 
 
 
 
 
 
 
(Loss) income per share
$
(0.49
)
 
$
0.04

 
$
1.58

 
$
(18.57
)
FOR THE YEAR ENDED DECEMBER 31, 2015
 
 
 
 
 
 
 
Net revenue
$
271,079

 
$
299,334

 
$
289,441

 
$
308,825

Operating income (loss)
$
11,875

 
$
48,003

 
$
(567,214
)
 
$
28,821

(Loss) income before income taxes
$
(22,372
)
 
$
24,991

 
$
(603,034
)
 
$
8,081

Net (loss) income
$
(12,015
)
 
$
12,299

 
$
(542,179
)
 
$
(4,599
)
Basic:
 
 
 
 
 
 
 
(Loss) income per share
$
(0.40
)
 
$
0.40

 
$
(18.56
)
 
$
(0.16
)
Diluted:
 
 
 
 
 
 
 
(Loss) income per share
$
(0.40
)
 
$
0.40

 
$
(18.56
)
 
$
(0.16
)