Quarterly Financial Data (Unaudited) |
Quarterly Financial Data (Unaudited) The following table summarizes results for each of the four quarters in the years ended December 31, 2016 and 2015 (in thousands, except earnings per share data): | | | | | | | | | | | | | | | | | | | | | | | | Successor | | | First | | Second | | Third | | Fourth | | | | | Quarter | | Quarter | | Quarter | | Quarter | | Year | Year ended December 31, 2017: | | | | | | | | | | | Total revenues | | $ | 182,019 |
| | $ | 213,296 |
| | $ | 233,460 |
| | $ | 235,266 |
| | $ | 864,041 |
| Segment profits | | $ | 29,905 |
| | $ | 46,858 |
| | $ | 61,932 |
| | $ | 58,896 |
| | $ | 197,591 |
| Net loss | | $ | (38,626 | ) | | $ | (23,941 | ) | | $ | (13,845 | ) | | $ | (20,262 | ) | | $ | (96,674 | ) | Loss per share of common stock (a): | | | | | | | | | | | Basic | | $ | (1.49 | ) | | $ | (0.92 | ) | | $ | (0.53 | ) | | $ | (0.78 | ) | | $ | (3.72 | ) | Diluted | | $ | (1.49 | ) | | $ | (0.92 | ) | | $ | (0.53 | ) | | $ | (0.78 | ) | | $ | (3.72 | ) | Weighted average common shares outstanding: | | | | | | | | | | | Basic | | 25,999 |
| | 26,011 |
| | 26,001 |
| | 26,049 |
| | 26,006 |
| Diluted | | 25,999 |
| | 26,011 |
| | 26,001 |
| | 26,049 |
| | 26,006 |
| Year ended December 31, 2016: | | Predecessor | Total revenues | | $ | 130,356 |
| | $ | 120,004 |
| | $ | 141,610 |
| | $ | 155,527 |
| | $ | 547,497 |
| Segment profits | | $ | 18,370 |
| | $ | 15,310 |
| | $ | 25,339 |
| | $ | 20,828 |
| | $ | 79,847 |
| Net income (loss) (i) | | $ | (83,339 | ) | | $ | (89,883 | ) | | $ | (92,097 | ) | | $ | 141,946 |
| | $ | (123,373 | ) | Income (Loss) per share of common stock (a): | | | | | | | | | | | Basic | | $ | (2.00 | ) | | $ | (2.11 | ) | | $ | (2.16 | ) | | $ | 3.32 |
| | $ | (2.94 | ) | Diluted | | $ | (2.00 | ) | | $ | (2.11 | ) | | $ | (2.16 | ) | | $ | 3.32 |
| | $ | (2.94 | ) | Weighted average common shares outstanding: | | | | | | | | | | | Basic | | 41,609 |
| | 42,602 |
| | 42,690 |
| | 42,691 |
| | 41,999 |
| Diluted | | 41,609 |
| | 42,602 |
| | 42,690 |
| | 42,691 |
| | 41,999 |
| | (a) The sum of individual quarterly net income per share may not agree to the total for the year due to each period's computation being based on the weighted average number of common shares outstanding during each period. | (i) The third and fourth quarter 2016 loss included reorganization costs of $10.5 and $10.2 million respectively. The third quarter of 2016 loss included goodwill impairment of $0.6 million. |
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