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QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
QUARTERLY FINANCIAL DATA (Unaudited)
The following is a summary of selected unaudited quarterly financial data for the years ended December 31, 2017 and 2016 (in thousands, except per share data):
 
Year Ended December 31, 2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Year
Revenues
$
286,554

 
$
312,256

 
$
285,067

 
$
316,334

 
$
1,200,211

Operating loss1
$
(12,088
)
 
$
(6,693
)
 
$
(94,116
)
 
$
(2,213
)
 
$
(115,110
)
Loss from continuing operations
$
(9,508
)
 
$
(11,086
)
 
$
(83,528
)
 
$
(39
)
 
$
(104,161
)
Net loss attributable to Team shareholders
$
(9,508
)
 
$
(11,086
)
 
$
(83,528
)
 
$
(39
)
 
$
(104,161
)
Basic loss per share:
 
 
 
 
 
 


 
 
Continuing operations
$
(0.32
)
 
$
(0.37
)
 
$
(2.80
)
 
$

 
$
(3.49
)
Net loss
$
(0.32
)
 
$
(0.37
)
 
$
(2.80
)
 
$

 
$
(3.49
)
Diluted loss per share:
 
 
 
 
 
 


 
 
Continuing operations
$
(0.32
)
 
$
(0.37
)
 
$
(2.80
)
 
$

 
$
(3.49
)
Net loss
$
(0.32
)
 
$
(0.37
)
 
$
(2.80
)
 
$

 
$
(3.49
)
______________
1
Includes a goodwill impairment loss of $75.2 million in the third quarter of 2017.

 
Year Ended December 31, 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Year
Revenues
$
250,854

 
$
336,440

 
$
289,577

 
$
319,825

 
$
1,196,696

Operating income (loss)
$
(7,380
)
 
$
14,008

 
$
(4,043
)
 
$
(5,703
)
 
$
(3,118
)
Income (loss) from continuing operations
$
(6,560
)
 
$
6,970

 
$
(4,537
)
 
$
(8,438
)
 
$
(12,565
)
Net income (loss) attributable to Team shareholders
$
(6,434
)
 
$
7,356

 
$
(4,221
)
 
$
(9,377
)
 
$
(12,676
)
Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(0.27
)
 
$
0.24

 
$
(0.15
)
 
$
(0.29
)
 
$
(0.45
)
Net income (loss)
$
(0.27
)
 
$
0.25

 
$
(0.14
)
 
$
(0.32
)
 
$
(0.45
)
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(0.27
)
 
$
0.24

 
$
(0.15
)
 
$
(0.29
)
 
$
(0.45
)
Net income (loss)
$
(0.27
)
 
$
0.25

 
$
(0.14
)
 
$
(0.32
)
 
$
(0.45
)