Quarterly Results of Operations

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

18. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following is a summary of the quarterly results of operations for the years ended December 31, 2014 and 2013 (in thousands, except per share data):

Year ended December 31, 2014:	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Net revenue	$	52,656	$	61,846	$	62,274	$	65,262	$	242,038
Net income (loss) applicable to common stockholders		4,388		8,735		8,057		5,942		27,122
Net income (loss) per share, basic	$	0.05	$	0.10	$	0.09	$	0.07	$	0.31
Net income (loss) per share, diluted	$	0.05	$	0.10	$	0.09	$	0.07	$	0.30

Year ended December 31, 2013:		First Quarter						Second Quarter				Third Quarter							Fourth Quarter				Total
Net revenue		$		49,087				$		56,950		$			57,786				$		60,093		$		223,916
Net income (loss) applicable to common stockholders				(957		)				5,073				(21,384			)				151,093				133,825
Net income (loss) per share, basic	$		(0.01		)		$		0.06		$		(0.24			)		$		1.72		$		1.53
Net income (loss) per share, diluted		$		(0.01		)		$		0.06		$			(0.24		)		$		1.67		$		1.50

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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