Quarterly Financial Information [Text Block] |
Quarterly Financial Data (Unaudited) Quarterly financial data for 2017 and 2016 is as follows: | | | | | | | | | | | | | | | | | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | | (In thousands, except per share amounts) | 2017 | |
| | |
| | |
| | |
| Revenue | $ | 777,710 |
| | $ | 773,242 |
| | $ | 731,346 |
| | $ | 812,733 |
| Costs and expenses | $ | (600,545 | ) | | $ | (589,797 | ) | | $ | (581,644 | ) | | $ | (600,856 | ) | Operating profit | $ | 177,165 |
| | $ | 183,445 |
| | $ | 149,702 |
| | $ | 211,877 |
| Operating income | $ | 139,596 |
| | $ | 143,608 |
| | $ | 109,056 |
| | $ | 176,937 |
| Income from continuing operations before income taxes(1) | $ | 98,526 |
| | $ | 101,518 |
| | $ | 66,578 |
| | $ | 133,636 |
| Benefit from (provision for) income taxes | $ | 76,223 |
| | $ | (32,956 | ) | | $ | (10,437 | ) | | $ | 113,759 |
| Net income | $ | 174,749 |
| | $ | 68,562 |
| | $ | 56,141 |
| | $ | 247,395 |
| Net (income) loss attributable to noncontrolling interests | $ | (47 | ) | | $ | (81 | ) | | $ | 23 |
| | $ | (79 | ) | Net income attributable to common stockholders | $ | 174,702 |
| | $ | 68,481 |
| | $ | 56,164 |
| | $ | 247,316 |
| Net income attributable to common stockholders per share(2): | |
| | |
| | |
| | |
| Basic — EPS | $ | 0.93 |
| | $ | 0.37 |
| | $ | 0.30 |
| | $ | 1.32 |
| Diluted — EPS | $ | 0.91 |
| | $ | 0.36 |
| | $ | 0.29 |
| | $ | 1.29 |
| 2016 | |
| | |
| | |
| | |
| Revenue | $ | 749,219 |
| | $ | 751,398 |
| | $ | 721,467 |
| | $ | 809,053 |
| Costs and expenses | $ | (586,296 | ) | | $ | (589,409 | ) | | $ | (580,722 | ) | | $ | (598,276 | ) | Operating profit | $ | 162,923 |
| | $ | 161,989 |
| | $ | 140,745 |
| | $ | 210,777 |
| Operating income | $ | 123,672 |
| | $ | 94,498 |
| | $ | 114,386 |
| | $ | 179,329 |
| Income from continuing operations before income taxes(1) | $ | 79,767 |
| | $ | 32,639 |
| | $ | 74,963 |
| | $ | 139,289 |
| Benefit from (provision for) income taxes | $ | (32,313 | ) | | $ | (16,746 | ) | | $ | (27,422 | ) | | $ | (72,872 | ) | Net income | $ | 47,454 |
| | $ | 15,893 |
| | $ | 47,541 |
| | $ | 66,417 |
| Net (income) loss attributable to noncontrolling interests | $ | (9 | ) | | $ | (273 | ) | | $ | 186 |
| | $ | (171 | ) | Net income attributable to common stockholders | $ | 47,445 |
| | $ | 15,620 |
| | $ | 47,727 |
| | $ | 66,246 |
| Net income attributable to common stockholders per share(2): | |
| | |
| | |
| | |
| Basic — EPS | $ | 0.24 |
| | $ | 0.08 |
| | $ | 0.25 |
| | $ | 0.35 |
| Diluted — EPS | $ | 0.24 |
| | $ | 0.08 |
| | $ | 0.24 |
| | $ | 0.34 |
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| | (1) | Includes Gains (losses) on divestitures and impairment charges, net, as described in Note 16. |
| | (2) | Net income per share is computed independently for each of the quarters presented. Therefore, the sum of the quarters’ net income per share may not equal the total computed for the year. |
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