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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
The following table sets forth our unaudited quarterly results for each of the last four quarters for the years ended December 31, 2017 and 2016. This unaudited quarterly information has been prepared on the same basis as our annual audited financial statements and includes all adjustments, consisting only of normal recurring adjustments that are necessary to present fairly the financial information for the fiscal quarters presented.
 
2017
(In thousands, except for per share data)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Service revenue
$
171,931

 
$
213,492

 
$
282,730

 
$
313,712

Gross profit
$
22,366

 
$
36,715

 
$
57,297

 
$
51,664

Net income (loss)
$
(24,351
)
 
$
4,921

 
$
21,965

 
$
10,078

Net income (loss) per common share:
 
 
 
 
 
 
 
Basic
$
(0.43
)
 
$
0.06

 
$
0.26

 
$
0.12

Diluted
$
(0.43
)
 
$
0.06

 
$
0.25

 
$
0.12

Weighted average common shares outstanding:
 
 
 
 
 
 
 
Basic
55,996

 
83,040

 
83,040

 
83,040
Diluted
55,996

 
86,279

 
86,264

 
86,818
 
 
 
 
 
 
 
 
 
2016
(In thousands, except for per share data)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Service revenue
$
87,930

 
$
68,165

 
$
116,904

 
$
163,921

Gross profit
$
7,641

 
$
3,316

 
$
6,681

 
$
15,142

Net loss
$
(12,940
)
 
$
(9,294
)
 
$
(13,598
)
 
$
(17,315
)
Net income (loss) per common share:
 
 
 
 
 
 
 
Basic
$
(0.37
)
 
$
(0.24
)
 
$
(0.26
)
 
$
(0.33
)
Diluted
$
(0.37
)
 
$
(0.24
)
 
$
(0.26
)
 
$
(0.33
)
Weighted average common shares outstanding:
 
 
 
 
 
 
 
Basic
34,993

 
39,496

 
52,975

 
52,628
Diluted
34,993

 
39,496

 
52,975

 
52,628