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Unaudited Quarterly Financial Information
12 Months Ended
Dec. 31, 2019
Unaudited Quarterly Financial Information [Abstract]  
Unaudited Quarterly Financial Information

NOTE 22 – UNAUDITED QUARTERLY FINANCIAL INFORMATION



Set forth below is our unaudited quarterly financial information as previously published, and then adjusted for the sales tax prior period correction as described in Note 2 – Summary of Significant Accounting Policies (Prior period financial statement correction of immaterial errors).

 







 

 

 

 

 

 

 

 

 

 

 

 



 

Previously published



 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands, except per share data)

 

First
Quarter

 

Second
Quarter

 

Third
Quarter

 

Fourth

Quarter (1)

2019

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

61,551 

 

 

76,096 

 

 

70,456 

 

$

68,880 

Net income (loss)

 

 

(2,097)

 

 

2,357 

 

 

852 

 

 

(27,458)

Net income (loss) attributable to RDI shareholders

 

 

(2,081)

 

 

2,394 

 

 

902 

 

 

(27,487)

Basic earnings (loss) per share

 

 

(0.09)

 

 

0.10 

 

 

0.04 

 

 

(0.99)

Diluted earnings (loss) per share

 

 

(0.09)

 

 

0.10 

 

 

0.04 

 

 

(0.99)

2018

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

75,872 

 

$

84,262 

 

$

74,261 

 

$

74,990 

Net income (loss)

 

 

3,104 

 

 

5,129 

 

 

1,259 

 

 

5,006 

Net income (loss) attributable to RDI shareholders

 

 

3,082 

 

 

5,027 

 

 

1,297 

 

 

4,960 

Basic earnings (loss) per share

 

 

0.13 

 

 

0.22 

 

 

0.06 

 

 

0.21 

Diluted earnings (loss) per share

 

 

0.13 

 

 

0.22 

 

 

0.06 

 

 

0.21 



 

 

 

 

 

 

 

 

 

 

 

 



 

Corrections



 

 

 

 

 

 

 

 

 

 

 

 



 

First
Quarter

 

Second
Quarter

 

Third
Quarter

 

Fourth

Quarter (1)

2019

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

(58)

 

 

(87)

 

 

(70)

 

$

 —

Net income (loss)

 

 

(43)

 

 

(63)

 

 

(51)

 

 

 —

Net income (loss) attributable to RDI shareholders

 

 

(43)

 

 

(63)

 

 

(51)

 

 

 —

Basic earnings (loss) per share

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Diluted earnings (loss) per share

 

 

 —

 

 

 —

 

 

 —

 

 

 —

2018

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

(93)

 

 

(137)

 

 

(111)

 

$

(113)

Net income (loss)

 

 

(69)

 

 

(101)

 

 

(82)

 

 

(80)

Net income (loss) attributable to RDI shareholders

 

 

(69)

 

 

(101)

 

 

(82)

 

 

(80)

Basic earnings (loss) per share

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Diluted earnings (loss) per share

 

 

 —

 

 

 —

 

 

 —

 

 

 —



 

 

 

 

 

 

 

 

 

 

 

 



 

Revised



 

 

 

 

 

 

 

 

 

 

 

 



 

First
Quarter

 

Second
Quarter

 

Third
Quarter

 

Fourth

Quarter (1)

2019

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

61,493 

 

 

76,009 

 

 

70,386 

 

$

68,880 

Net income (loss)

 

 

(2,140)

 

 

2,294 

 

 

801 

 

 

(27,458)

Net income (loss) attributable to RDI shareholders

 

 

(2,124)

 

 

2,331 

 

 

851 

 

 

(27,487)

Basic earnings (loss) per share

 

 

(0.09)

 

 

0.10 

 

 

0.04 

 

 

(0.99)

Diluted earnings (loss) per share

 

 

(0.09)

 

 

0.10 

 

 

0.04 

 

 

(0.99)

2018

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

75,779 

 

 

84,125 

 

 

74,150 

 

$

74,877 

Net income (loss)

 

 

3,035 

 

 

5,028 

 

 

1,177 

 

 

4,926 

Net income (loss) attributable to RDI shareholders

 

 

3,013 

 

 

4,926 

 

 

1,215 

 

 

4,880 

Basic earnings (loss) per share

 

 

0.13 

 

 

0.22 

 

 

0.06 

 

 

0.21 

Diluted earnings (loss) per share

 

 

0.13 

 

 

0.22 

 

 

0.06 

 

 

0.21 



(1)

Since previously published financial statements have been corrected, there is no impact on the fourth quarter results for 2019 and so no data is displayed here.