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Supplementary Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Supplementary Financial Information (Unaudited)
Supplementary Financial Information (Unaudited)
 
Selected financial information for the quarterly periods noted is as follows (in thousands, except per share amounts):
 
 
Quarters Ended
2018 (1) (2)
 
March 31
 
June 30
 
September 30
 
December 31

 
 
 
 
 
 
 
 
Net revenue
 
$
275,189

 
$
413,787

 
$
476,487

 
$
497,528

Gross profit
 
144,595

 
178,295

 
200,105

 
193,408

Net income (loss)
 
51,652

 
(250,090
)
 
17,465

 
(20,330
)
Net (loss) income attributable to Amneal Pharmaceuticals, Inc.
 

 
(19,104
)
 
6,952

 
(8,768
)
Net income (loss) per share attributable to Amneal Pharmaceuticals, Inc.'s common stockholders:
 
 
 
 
 
 
 
 
Class A and Class B-1 basic
 

 
(0.15
)
 
0.05

 
(0.07
)
Class A and Class B-1 diluted
 
$

 
$
(0.15
)
 
$
0.05

 
$
(0.07
)
 
 
 
 
 
 
 
 
 
 
 
Quarters Ended
2017 (2)
 
March 31
 
June 30
 
September 30
 
December 31

 
 
 
 
 
 
 
 
Net revenue
 
$
225,681

 
$
259,871

 
$
254,733

 
$
293,369

Gross profit
 
116,016

 
123,733

 
135,013

 
151,416

Net income
 
42,261

 
37,748

 
27,122

 
62,194

Net income attributable to Amneal Pharmaceuticals, Inc.
 

 

 

 

Net income per share attributable to Amneal Pharmaceuticals, Inc.'s common stockholders:
 
 
 
 
 
 
 
 
Class A and Class B-1 basic
 

 

 

 

Class A and Class B-1 diluted
 
$

 
$

 
$

 
$

(1) Basic and diluted net income (loss) per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted net income (loss) per share amounts may not equal annual basic and diluted net income (loss) per share amounts.
(2) On May 4, 2018, Impax and Amneal combined the generics and specialty pharmaceutical business of Impax with the generic drug development and manufacturing business of Amneal to create the Company as a new generics and specialty pharmaceutical company. Prior quarters have not been revised as a result of the Combination. Therefore, current year results, and balances, may not be comparable to prior years as the current year includes the impact of the Combination from May 4, 2018. For further details on the Combination, see Note 1. Nature of Operations and Basis of Presentation.