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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED) QUARTERLY DATA (UNAUDITED)
(in thousands, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2019
 
 
 
 
 
 
 
Total revenues
$
780,839

 
$
868,678

 
$
891,668

 
$
871,005

Cost of revenues (1)
564,364

 
594,933

 
612,754

 
615,768

Income from operations
23,734

 
73,048

 
80,367

 
52,307

Other income (expense), net
2,983

 
(564
)
 
(427
)
 
905

Net income (2)
976

 
36,244

 
36,369

 
24,151

Basic earnings per share (3)
0.02

 
0.65

 
0.65

 
0.43

Diluted earnings per share (3)
0.02

 
0.65

 
0.65

 
0.43

(in thousands, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2018
 
 
 
 
 
 
 
Total revenues
$
749,778

 
$
849,140

 
$
843,181

 
$
858,204

Cost of revenues (1)
546,425

 
583,584

 
580,685

 
594,857

Income from operations
10,991

 
64,353

 
65,745

 
41,485

Other (expense) income, net
(299
)
 
846

 
(996
)
 
(4,061
)
Net (loss) income (2)
(12,631
)
 
30,747

 
31,089

 
16,431

Basic (loss) earnings per share (3)
(0.22
)
 
0.55

 
0.55

 
0.29

Diluted (loss) earnings per share (3)
(0.22
)
 
0.54

 
0.55

 
0.29

____________________________________
(1)
Accretion of environmental liabilities and depreciation and amortization are shown separately on the consolidated statements of operations.
(2)
Net income in the third quarters of 2019 and 2018 included a $6.1 million and $2.5 million loss on early extinguishment of debt, respectively.
(3)
Earnings (loss) per share are computed independently for each of the quarters presented. Accordingly, the quarterly basic and diluted earnings (loss) per share may not equal the total computed for the year.