SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2019

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Schedule of selected quarterly financial data (unaudited)

The following table presents selected quarterly financial information for 2019 and 2018 (in thousands, except per share amounts):

	2019
	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total
Net revenues	$	58,740	$	62,761	$	65,585	$	62,080	$	249,166
Operating expenses		50,019		51,128		54,062		54,382		209,591
Income from operations		8,721		11,633		11,523		7,698		39,575
Net income		7,015		9,279		9,326		6,196		31,816
Income per share of common stock
Basic	$	0.39	$	0.52	$	0.52	$	0.34	$	1.77
Diluted	$	0.38	$	0.50	$	0.50	$	0.33	$	1.70

	2018
	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total
Net revenues	$	56,268	$	59,909	$	64,359	$	59,779	$	240,315
Operating expenses		47,711		48,567		50,493		50,718		197,489
Income from operations		8,557		11,342		13,866		9,061		42,826
Net income		6,741		9,239		10,859		7,259		34,098
Income per share of common stock
Basic	$	0.38	$	0.52	$	0.61	$	0.40	$	1.91
Diluted	$	0.36	$	0.50	$	0.58	$	0.39	$	1.83