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Unaudited Quarterly Results
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Results
Unaudited Quarterly Results
Summarized quarterly financial data for the years ended December 31, 2016 and 2015 are set forth in the following tables.
 
 
First Quarter Ended
March 31, 2016*
 
Second Quarter Ended
June 30, 2016
 
Third Quarter Ended
September 30, 2016
 
Fourth Quarter Ended
December 31, 2016
 
 
(Unaudited)
Revenues
 
$
1,200,849

 
$
1,212,629

 
$
1,220,122

 
$
1,226,827

Net income
 
$
181,385

 
$
196,218

 
$
264,804

 
$
253,115

Net income per share - basic
 
$
1.74

 
$
1.88

 
$
2.53

 
$
2.41

Net income per share - diluted
 
$
1.59

 
$
1.69

 
$
2.27

 
$
2.19

 
 
 
 
 
 
 
 
 
 
 
First Quarter Ended
March 31, 2015
 
Second Quarter Ended
June 30, 2015
 
Third Quarter Ended
September 30, 2015
 
Fourth Quarter Ended
December 31, 2015
 
 
(Unaudited)
Revenues
 
$
869,612

 
$
998,617

 
$
1,137,422

 
$
1,098,077

Net income
 
$
76,021

 
$
194,643

 
$
210,398

 
$
154,994

Net income per share - basic
 
$
0.74

 
$
1.89

 
$
2.04

 
$
1.49

Net income per share - diluted
 
$
0.66

 
$
1.69

 
$
1.82

 
$
1.34



* Due to the adoption of ASU 2016-09, the Company revised its net income from the amounts originally reported for the quarterly period ended March 31, 2016 to include a $15.6 million income tax benefit, which was originally recorded as additional paid-in capital.