XML 107 R27.htm IDEA: XBRL DOCUMENT v3.20.1
Quarterly Results of Operations
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations

19. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following is a summary of the quarterly results of operations for the years ended December 31, 2019 and 2018 (in thousands, except 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, 2019:

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

Total

 

Net revenue

 

$

64,680

 

 

$

69,241

 

 

$

68,816

 

 

$

70,838

 

 

$

273,575

 

Net income (loss) applicable to common stockholders

 

 

1,424

 

 

 

(16,279

)

 

 

(12,217

)

 

 

7,360

 

 

 

(19,712

)

Net income (loss) per share, basic

 

$

0.02

 

 

$

(0.19

)

 

$

(0.14

)

 

$

0.09

 

 

$

(0.23

)

Net income (loss) per share, diluted

 

$

0.02

 

 

$

(0.19

)

 

$

(0.14

)

 

$

0.09

 

 

$

(0.23

)

 

Year ended December 31, 2018:

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

Total

 

Net revenue

 

$

66,838

 

 

$

74,329

 

 

$

74,575

 

 

$

82,073

 

 

$

297,815

 

Net income (loss) applicable to common stockholders

 

 

(1,807

)

 

 

4,840

 

 

 

2,215

 

 

 

6,913

 

 

 

12,161

 

Net income (loss) per share, basic

 

$

(0.02

)

 

$

0.05

 

 

$

0.02

 

 

$

0.08

 

 

$

0.14

 

Net income (loss) per share, diluted

 

$

(0.02

)

 

$

0.05

 

 

$

0.02

 

 

$

0.08

 

 

$

0.13