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Selected Quarterly Financial Data, Unaudited
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data, Unaudited
Selected Quarterly Financial Data, Unaudited
 
 
Quarter Ended 2017
 
 
March 31 (a)
 
June 30
 
September 30 (b)
 
December 31
Total operating revenues
 
$
725.4

 
$
766.3

 
$
768.9

 
$
823.0

Total cost of revenues (1)  
 
280.0

 
278.9

 
290.8

 
314.9

Selling, general and administrative
 
140.7

 
145.9

 
158.8

 
167.7

Research and development
 
42.4

 
48.1

 
47.8

 
45.8

Restructuring and other
 
9.2

 
1.1

 
7.8

 
27.8

Depreciation, amortization and impairments
 
165.1

 
175.0

 
173.1

 
169.6

Operating income
 
88.0

 
117.3

 
90.6

 
97.2

Net loss
 
$
(100.8
)
 
$
(39.1
)
 
$
(59.3
)
 
$
(43.1
)
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share
 
$
(1.14
)
 
$
(0.44
)
 
$
(0.66
)
 
$
(0.48
)
 
 
 
 
 
 
 
 
 
Weighted average number of shares used in per share calculations:
 
 
 
 
 
 
 
 
Basic shares
 
88.2

 
89.1

 
89.6

 
89.7

Diluted shares
 
88.2

 
89.1

 
89.6

 
89.7

(1) Exclusive of D&A
                                                        


(a)
Includes a loss recorded of $29.7 million in connection with the February 2017 Refinancing.

(b)
Includes a loss recorded of $8.4 million in connection with the August 2017 Refinancing.
    






 

Quarter Ended 2016
 

March 31

June 30 (a)

September 30

December 31 (b)
Total operating revenues

$
682.0


$
729.2


$
720.0


$
752.2

Total cost of revenues (1)

256.3


276.2


274.3


299.5

Selling, general and administrative

142.3


144.9


152.8


137.0

Research and development
 
49.8

 
51.7

 
53.9

 
49.4

Restructuring and other

2.7


4.2


13.8


36.3

Depreciation, amortization and impairments

180.6


193.1


191.7


173.3

Goodwill impairment
 
—

 
—

 
—

 
69.0

Operating income (loss)

50.3


59.1


33.5


(12.3
)
Net loss

$
(92.3
)
 
$
(51.7
)
 
$
(98.9
)
 
$
(110.8
)
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share

$
(1.07
)
 
$
(0.59
)
 
$
(1.13
)
 
$
(1.26
)
 
 
 
 
 
 
 
 
 
Weighted average number of shares used in per share calculations:

 

 

 

 
Basic shares

86.6


87.3


87.5


87.7

Diluted shares

86.6


87.3


87.5


87.7

(1) Exclusive of D&A.
                                                            

(a)
Includes a gain recorded of $25.2 million on early extinguishment of debt in connection with the 2020 and 2021 notes repurchase transactions and $7.5 million of insurance proceeds related to a settlement of a legal matter.
(b)
Includes a goodwill impairment charge of $69.0 million, which resulted in a tax benefit of $14.5 million, for our International Lottery Systems reporting unit and a $22.4 million charge related to the November 2016 restructuring plan.