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, 2019, and 2018 (in thousands, except earnings per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | | Year | Year ended December 31, 2019: | | | | | | | | | | | Total revenues | | $ | 153,190 | | | $ | 147,975 | | | $ | 144,163 | | | $ | 121,922 | | | $ | 567,250 | | Segment profits | | 42,067 | | | 38,915 | | | 35,584 | | | 23,869 | | | 140,435 | | Net loss on continuing operations | | (14,786) | | | (19,315) | | | (24,778) | | | (32,522) | | | (91,401) | | Net loss on discontinued operations | | $ | (12,690) | | | $ | (8,462) | | | $ | (14,100) | | | $ | (55,245) | | | $ | (90,497) | | Loss per share of common stock (a): | | | | | | | | | | | Continuing operations, basic and diluted | | $ | (0.55) | | | $ | (0.71) | | | $ | (0.97) | | | $ | (1.30) | | | $ | (3.50) | | Discontinued operations, basic and diluted | | $ | (0.47) | | | $ | (0.31) | | | $ | (0.55) | | | $ | (2.22) | | | $ | (3.46) | | Weighted average common shares outstanding: | | | | | | | | | | | Basic | | 26,850 | | | 27,204 | | | 25,606 | | | 24,924 | | | 26,141 | | Diluted | | 26,850 | | | 27,204 | | | 25,606 | | | 24,924 | | | 26,141 | | Year ended December 31, 2018: | | | | | | | | | | | Total revenues | | $ | 158,997 | | | $ | 165,558 | | | $ | 171,144 | | | $ | 157,866 | | | $ | 653,565 | | Segment profits | | 42,948 | | | 45,245 | | | 44,716 | | | 40,251 | | | 173,160 | | Net loss on continuing operations | | (23,650) | | | (30,990) | | | (20,354) | | | (41,742) | | | (116,736) | | Net loss on discontinued operations | | $ | (6,881) | | | $ | (9,064) | | | $ | (6,981) | | | $ | (4,935) | | | $ | (27,861) | | Loss per share of common stock (a): | | | | | | | | | | | Continuing operations, basic and diluted | | $ | (0.89) | | | $ | (1.18) | | | $ | (0.77) | | | $ | (1.57) | | | $ | (4.41) | | Discontinued operations, basic and diluted | | $ | (0.26) | | | $ | (0.34) | | | $ | (0.26) | | | $ | (0.19) | | | $ | (1.05) | | Weighted average common shares outstanding: | | | | | | | | | | | Basic | | 26,336 | | | 26,444 | | | 26,510 | | | 26,570 | | | 26,467 | | Diluted | | 26,336 | | | 26,444 | | | 26,510 | | | 26,570 | | | 26,467 | | | | | | | | | | | | | (a) The sum of individual quarterly net loss 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 such period. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|