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Consolidated Quarterly Financial Data - Unaudited
 12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Consolidated Quarterly Financial Data - Unaudited
CONSOLIDATED QUARTERLY FINANCIAL DATA - UNAUDITED
The following tables provide unaudited consolidated quarterly financial data for 2016 and 2015 (in thousands, except per share data):
 
March 31, 2016
    
June 30, 2016
    
September 30, 2016
    
December 31, 2016
Total revenues
$
109,300

 
$
127,419

 
$
143,782

 
$
151,591

Gross profit (a)
85,474

 
84,563

 
113,092

 
116,349

Operating expenses
78,026

 
66,486

 
74,332

 
101,764

Net income (loss)
$
(7,527
)
 
$
(596
)
 
$
16,196

 
$
(10,557
)
Net income (loss) per share - basic
$
(0.22
)
 
$
(0.02
)
 
$
0.47

 
$
(0.31
)
Net income (loss) per share - diluted
$
(0.22
)
 
$
(0.02
)
 
$
0.43

 
$
(0.31
)
 
March 31, 2015
    
June 30, 2015
    
September 30, 2015
    
December 31, 2015
Total revenues (b)
$
89,505

 
$
123,884

 
$
96,152

 
$
108,735

Gross profit (b)
68,479

 
104,205

 
73,803

 
83,288

Operating expenses (b)
39,671

 
43,081

 
75,188

 
60,615

Net income (loss) (c)
$
12,904

 
$
33,258

 
$
(20,584
)
 
$
7,201

Net income (loss) per share - basic
$
0.47

 
$
1.09

 
$
(0.62
)
 
$
0.21

Net income (loss) per share - diluted
$
0.39

 
$
0.82

 
$
(0.62
)
 
$
0.20


The sum of quarterly income (loss) per share totals differ from annual income (loss) per share totals due to rounding.

(a)
Gross profit for the second quarter of 2016 includes the impairment charge of $15.7 million relating to the MuGard Rights intangible asset.

(b)   In August 2015, we acquired CBR and recorded $24.1 million and $10.0 million in CBR service revenue and cost of services, respectively, in 2015 and additional operating costs incurred as a result of the acquisition.

(c)   In August 2015, we repaid the remaining $323.0 million outstanding principal amount and recognized a $10.4 million loss on debt extinguishment as a result of the early repayment, which we recorded in other income (expense) in our 2015 consolidated statements of operations.