Schedule of Quarterly Financial Information |
The following tables present unaudited summarized financial data by quarter for the years ended June 30, 2018 and 2017 (in thousands, except per share data): | | | | | | | | | | | | | | | First | Second | Third | Fourth | | Quarter | Quarter | Quarter | Quarter | Fiscal Year 2018 | | | | | Net revenue | $ | 390,564 |
| $ | 411,398 |
| $ | 425,338 |
| $ | 433,956 |
| Gross profit | 199,188 |
| 210,871 |
| 221,790 |
| 231,116 |
| Net income | 60,616 |
| 19,769 |
| 76,549 |
| 100,636 |
| Net income attributable to non-controlling interest in Premier LP | (44,610 | ) | (56,485 | ) | (53,047 | ) | (70,127 | ) | Adjustment of redeemable limited partners' capital to redemption amount | 320,424 |
| 317,916 |
| (127,039 | ) | (353,720 | ) | Net income (loss) attributable to stockholders | $ | 336,430 |
| $ | 281,200 |
| $ | (103,537 | ) | $ | (323,211 | ) | | | | | | Weighted average shares outstanding: | | | | | Basic | 52,909 |
| 55,209 |
| 53,529 |
| 52,412 |
| Diluted | 140,046 |
| 139,237 |
| 53,529 |
| 52,412 |
| | | | | | Net income (loss) per share attributable to stockholders: | | | | | Basic | $ | 6.36 |
| $ | 5.09 |
| $ | (1.93 | ) | $ | (6.17 | ) | Diluted | $ | 0.30 |
| $ | 0.06 |
| $ | (1.93 | ) | $ | (6.17 | ) | | | | | | Fiscal Year 2017 | | | | | Net revenue | $ | 313,272 |
| $ | 358,500 |
| $ | 379,803 |
| $ | 403,098 |
| Gross profit | 174,769 |
| 182,486 |
| 202,555 |
| 214,815 |
| Net income | 58,095 |
| 246,184 |
| 71,338 |
| 73,860 |
| Net income attributable to non-controlling interest in Premier LP | (49,601 | ) | (181,173 | ) | (51,433 | ) | (53,845 | ) | Adjustment of redeemable limited partners' capital to redemption amount | 61,808 |
| 335,264 |
| (100,506 | ) | (333,742 | ) | Net income (loss) attributable to stockholders | $ | 70,302 |
| $ | 400,275 |
| $ | (80,601 | ) | $ | (313,727 | ) | | | | | | Weighted average shares outstanding: | | | | | Basic | 47,214 |
| 49,445 |
| 50,525 |
| 51,470 |
| Diluted | 142,962 |
| 141,308 |
| 50,525 |
| 51,470 |
| | | | | | Net income (loss) per share attributable to stockholders: | | | | | Basic | $ | 1.49 |
| $ | 8.10 |
| $ | (1.60 | ) | $ | (6.10 | ) | Diluted | $ | 0.26 |
| $ | 1.58 |
| $ | (1.60 | ) | $ | (6.10 | ) |
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