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Quarterly Financial Data
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data

QUARTERLY FINANCIAL DATA

(Unaudited)

 

 

 

Quarter Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

 

(in thousands, except per share amounts)

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,297,388

 

 

$

1,491,157

 

 

$

1,542,186

 

 

$

1,417,113

 

Income before income taxes

 

$

93,065

 

 

$

201,968

 

 

$

195,587

 

 

$

118,918

 

Net income

 

$

76,172

 

 

$

155,091

 

 

$

151,461

 

 

$

93,174

 

Net (loss) income attributable to noncontrolling interests

 

$

(55

)

 

$

(49

)

 

$

(19

)

 

$

1,525

 

Net income attributable to the Company

 

$

76,227

 

 

$

155,140

 

 

$

151,480

 

 

$

91,649

 

Net income per share attributable to the Company’s stockholders (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.68

 

 

$

1.38

 

 

$

1.34

 

 

$

0.81

 

Diluted

 

$

0.67

 

 

$

1.37

 

 

$

1.34

 

 

$

0.81

 

 

 

 

 

Quarter Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

 

(in thousands, except per share amounts)

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,317,043

 

 

$

1,454,429

 

 

$

1,519,568

 

 

$

1,481,323

 

Income before income taxes

 

$

83,880

 

 

$

184,154

 

 

$

17,962

 

 

$

159,335

 

Net income

 

$

58,069

 

 

$

121,895

 

 

$

21,186

 

 

$

220,713

 

Net income (loss) attributable to noncontrolling interests

 

$

(213

)

 

$

(362

)

 

$

(197

)

 

$

(414

)

Net income attributable to the Company

 

$

58,282

 

 

$

122,257

 

 

$

21,383

 

 

$

221,127

 

Net income per share attributable to the Company’s stockholders (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.52

 

 

$

1.10

 

 

$

0.19

 

 

$

1.98

 

Diluted

 

$

0.52

 

 

$

1.09

 

 

$

0.19

 

 

$

1.96

 

 

 

(1)

Net income per share attributable to the Company’s stockholders for the four quarters of each fiscal year may not sum to the total for the fiscal year because of the different number of shares outstanding during each period.