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Quarterly Results (unaudited)
 12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (unaudited) Quarterly Results (unaudited)
The following tables contain selected unaudited Statements of Operations information for each quarter of 2021 and 2020 (in thousands, except share and per share data). The Company believes that the following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.


Year Ended December 31, 2021
Fourth
Quarter
Third
Quarter
Second
Quarter
First
Quarter
    
Revenues$408,628 $355,145 $341,293 $311,656 
Gross profit362,910 305,447 292,508 267,804 
Net income (loss) from continuing operations383,612 2,050 (23,046)38,779 
(Loss) income from discontinued operations, net of income taxes(23,106)40,520 38,762 39,143 
Net income
$360,506 $42,570 $15,716 $77,922 
Net income (loss) per common share from continuing operations:
Basic$8.02 $0.04 $(0.52)$0.87 
Diluted$7.90 $0.04 $(0.52)$0.83 
Net (loss) income per common share from discontinued operations:
Basic$(0.48)$0.87 $0.87 $0.88 
Diluted$(0.48)$0.83 $0.81 $0.84 
Net income per common share:
Basic$7.54 $0.91 $0.35 $1.75 
Diluted$7.43 $0.88 $0.33 $1.67 
Weighted average shares outstanding:
Basic47,778,545 46,738,073 44,613,533 44,399,149 
Diluted48,514,588 48,582,585 47,528,902 46,731,872 
 
 Year Ended December 31, 2020
 
Fourth
Quarter
Third
Quarter
Second
Quarter
First
Quarter
    
Revenues$384,055 $273,012 $250,356 $251,406 
Gross profit337,896 230,726 207,201 204,603 
Net income from continuing operations41,962 14,127 1,665 (29,094)
Earnings from discontinued operations, net of income taxes16,126 46,756 36,436 22,690 
Net income (loss)$58,088 $60,883 $38,101 $(6,404)
Net income (loss) per common share from continuing operations:
Basic$0.94 $0.30 $0.04 $(0.61)
Diluted$0.92 $0.30 $0.04 $(0.61)
Net income per common share from discontinued operations:
Basic$0.36 $1.01 $0.77 $0.47 
Diluted$0.35 $1.01 $0.76 $0.46 
Net income (loss) per common share:
Basic$1.30 $1.31 $0.81 $(0.13)
Diluted$1.27 $1.31 $0.80 $(0.13)
Weighted average shares outstanding:
Basic44,504,222 46,279,515 46,850,944 47,620,774 
Diluted45,642,292 46,309,072 47,437,555 47,620,774