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Quarterly Results (Unaudited)
 12 Months Ended
Dec. 31, 2018
Selected Quarterly Financial Information [Abstract]  
Quarterly Results
QUARTERLY RESULTS (Unaudited)
The following is a summary of quarterly results of operations (in thousands, except per share amounts):
 
1st
Quarter
 
2nd
Quarter
 
3rd
Quarter
 
4th
Quarter
2018 (1)
 
 
 
 
 
 
 
Revenues from continuing operations
$
203,040

 
$
203,607

 
$
204,919

 
$
280,779

Operating income from continuing operations
27,643

 
23,898

 
26,827

 
32,650

Net earnings (loss) from continuing operations
15,682

 
24,464

 
32,933

 
(5,196
)
Net earnings from discontinued operations
196

 
170

 
170

 
866

Weighted average shares:
 
 
 
 
 
 
 
Basic
58,840

 
58,739

 
58,739

 
58,740

Diluted
59,558

 
68,363

 
68,323

 
58,740

Earnings (loss) per share from continuing operations
 
 
 
 
 
 
 
Basic
$
0.27

 
$
0.42

 
$
0.56

 
$
(0.09
)
Diluted
$
0.26

 
$
0.21

 
$
0.24

 
$
(0.09
)
2017 (3)
 
 
 
 
 
 
 
Revenues from continuing operations
$
237,917

 
$
253,211

 
$
254,101

 
$
322,971

Operating income from continuing operations
17,930

 
23,125

 
24,452

 
33,893

Net earnings (loss) from continuing operations (2)
9,796

 
(53,918
)
 
(28,229
)
 
94,091

Net earnings (loss) from discontinued operations
192

 
192

 
(4,655
)
 
1,026

Weighted average shares:
 
 
 
 
 
 
 
Basic
59,133

 
59,035

 
58,733

 
58,733

Diluted
64,949

 
59,035

 
58,733

 
68,987

Earnings (loss) per share from continuing operations
 
 
 
 
 
 
 
Basic
$
0.17

 
$
(0.91
)
 
$
(0.48
)
 
$
1.60

Diluted
$
0.13

 
$
(0.91
)
 
$
(0.48
)
 
$
1.11


 
1.
During 2018, the Company recorded a $0.9 million loss, a $11.7 million gain, a $17.9 million gain and a $21.4 million loss on the remeasurement of financial instruments, primarily related to the warrants issued to Amazon for the quarters ended March 31, 2018, June 30, 2018, September 30, 2018 and December 31, 2018, respectively.
2.
During 2017, the Company recorded a $59.9 million deferred tax gain during the quarter ended December 31, 2017 due to the enactment of lower U.S. federal corporate tax rates.
3.
During 2017, the Company recorded a 1.9 million gain, a 67.6 million loss, a 34.4 million loss and a 20.4 million gain on the remeasurement of financial instruments, primarily related to the warrants issued to Amazon for the quarters ended March 31, 2017, June 30, 2017, September 30, 2017 and December 31, 2017, respectively.