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QUARTERLY FINANCIAL DATA (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The information below has been prepared on a basis consistent with our audited consolidated financial statements.
 
 
 
2016 Quarters (unaudited)
 
(in thousands, except per share data)
 
First
 
Second
 
Third
 
Fourth
 
Net revenues
 
$
20,555
 
$
31,337
 
$
38,525
 
$
38,205
 
Total operating expenses
 
 
14,889
 
 
26,143
 
 
30,604
 
 
36,907
 
Operating income
 
 
5,666
 
 
5,194
 
 
7,921
 
 
1,298
 
Net income/(loss)
 
$
1,346
 
$
1,125
 
$
2,543
 
$
(1,080)
 
Basic and diluted earnings/(loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings/(loss) per share
 
$
0.12
 
$
0.10
 
$
0.22
 
$
(0.09)
 
Diluted earnings/(loss) per share
 
$
0.12
 
$
0.10
 
$
0.22
 
$
(0.09)
 
 
 
 
2015 Quarters (unaudited)
 
(in thousands, except per share data)
 
First
 
Second
 
Third
 
Fourth
 
Net revenues
 
$
18,799
 
$
19,516
 
$
19,972
 
$
18,035
 
Total operating expenses
 
 
9,232
 
 
11,102
 
 
11,521
 
 
11,767
 
Operating income
 
 
9,567
 
 
8,414
 
 
8,451
 
 
6,268
 
Net income
 
$
4,369
 
$
3,571
 
$
4,559
 
$
2,876
 
Basic and diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.38
 
$
0.31
 
$
0.40
 
$
0.25
 
Diluted earnings per share
 
$
0.38
 
$
0.31
 
$
0.39
 
$
0.25