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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
The following is a summary of quarterly financial data for the years ended December 31, 2018 and 2017:
(in thousands, except for per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Year Ended December 31, 2018
 
 
 
 
 
 
 
Revenues
$
43,592

 
$
47,350

 
$
49,135

 
$
53,041

Gross profit (1)
38,680

 
41,739

 
43,670

 
46,994

Income from operations
2,442

 
3,913

 
6,233

 
9,150

Net income
3,066

 
4,611

 
7,171

 
10,360

Net income per share, basic
$
0.07

 
$
0.09

 
$
0.14

 
$
0.20

Net income per share, diluted
$
0.06

 
$
0.09

 
$
0.13

 
$
0.19

Year Ended December 31, 2017
 
 
 
 
 
 
 
Revenues
$
37,415

 
$
42,056

 
$
41,336

 
$
44,276

Gross profit (1)
32,958

 
37,095

 
36,379

 
39,053

Loss from operations
(7,906
)
 
(1,924
)
 
(4,923
)
 
(2,150
)
Net loss
(7,645
)
 
(1,534
)
 
(4,550
)
 
(1,838
)
Net loss per share, basic and diluted
$
(0.17
)
 
$
(0.03
)
 
$
(0.10
)
 
$
(0.04
)
 
(1)
Gross profit includes revenues less cost of goods sold, excluding amortization, and less intangible asset amortization.