Supplemental quarterly financial data (unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Supplemental quarterly financial data (unaudited)

Supplemental quarterly financial data (unaudited)

The Company's results by quarter for the periods presented are as follows:

	Year ended December 31, 2018
(in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Revenues	$	259,696	$	351,046	$	279,746	$	215,287
Operating income	93,192		94,767		104,410		56,123
Net income	86,520		33,452		55,050		149,573
Net income per common share:
Basic	$	0.36	$	0.14	$	0.24	$	0.65
Diluted	$	0.36	$	0.14	$	0.24	$	0.65

	Year ended December 31, 2017
(in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter(1)
Revenues	$	189,006	$	187,001	$	205,818	$	240,337
Operating income	51,326		52,061		60,452		85,833
Net income	68,276		61,110		11,027		408,561
Net income per common share:
Basic	$	0.29	$	0.26	$	0.05	$	1.71
Diluted	$	0.28	$	0.25	$	0.05	$	1.70

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(1)

See Note 4.c for discussion of the Medallion Sale that occurred in the fourth quarter of 2017.