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SUMMARIZED QUARTERLY FINANCIAL DATA (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Summarized Quarterly Financial Data
 
 
2019 Quarter Ended
(in thousands, except per share amounts)
 
March 31
 
June 30
 
September 30
 
December 31
Total revenue
 
$
499,065

 
$
493,986

 
$
493,593

 
$
522,071

Gross profit
 
299,442

 
291,458

 
289,870

 
315,010

Net income (loss)
 
41,190

 
32,582

 
(318,493
)
 
44,824

Earnings (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
0.93

 
0.75

 
(7.49
)
 
1.06

Diluted
 
0.93

 
0.75

 
(7.49
)
 
1.06

Cash dividends per share
 
0.30

 
0.30

 
0.30

 
0.30

 
 
 
 
 
 
 
 
 
 
 
2018 Quarter Ended
(in thousands, except per share amounts)
 
March 31
 
June 30
 
September 30
 
December 31
Total revenue
 
$
491,914

 
$
488,244

 
$
493,190

 
$
524,677

Gross profit
 
303,156

 
298,043

 
295,556

 
309,522

Net income (loss)
 
63,336

 
60,207

 
(31,083
)
 
57,170

Earnings (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
1.32

 
1.26

 
(0.67
)
 
1.25

Diluted
 
1.31

 
1.25

 
(0.67
)
 
1.25

Cash dividends per share
 
0.30

 
0.30

 
0.30

 
0.30




Significant items affecting the comparability of our quarterly results were as follows:
 
2019 Quarter Ended
(in thousands)
 
March 31
 
June 30
 
September 30
 
December 31
Asset impairment charges
 
$
—

 
$
—

 
$
390,980

 
$
—

Restructuring and integration expense
 
6,283

 
17,497

 
27,674

 
23,356

Certain legal-related expense
 
412

 
6,005

 
—

 
3

CEO transition costs
 
5,488

 
1,906

 
1,145

 
851

Discrete income tax expense (benefit)(1)
 
926

 
1,194

 
62,854

 
(298
)
 
 
 
 
 
 
 
 
 
 
 
2018 Quarter Ended
(in thousands)
 
March 31
 
June 30
 
September 30
 
December 31
Asset impairment charges
 
$
2,149

 
$
—

 
$
99,170

 
$
—

Restructuring and integration expense
 
2,322

 
6,371

 
5,104

 
7,406

Gain on sales of businesses and customer lists
 
7,228

 
3,862

 
1,765

 
2,786

Certain legal-related expense
 
297

 
631

 
1,805

 
7,769

CEO transition costs
 
—

 
1,530

 
2,622

 
3,058

Impact of the Tax Cuts and Jobs Act
 
(310
)
 
441

 
(1,249
)
 
(582
)
Other discrete income tax (benefit) expense(1)
 
(579
)
 
(1,167
)
 
15,634

 
(1,987
)


(1) Relates primarily to the tax effects of share-based compensation and the non-deductible portion of goodwill impairment charges in the third quarter of each year.