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QUARTERLY FINANCIAL DATA (Tables)
12 Months Ended
Dec. 31, 2017
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.
 
 
 
2017 Quarters (unaudited)
 
(in thousands, except per share data)
 
First
 
Second
 
Third
 
Fourth
 
Net revenues
 
$
36,628
 
$
44,764
 
$
48,164
 
$
47,286
 
Total operating expenses
 
 
32,003
 
 
37,770
 
 
38,833
 
 
39,907
 
Operating income
 
 
4,625
 
 
6,994
 
 
9,331
 
 
7,379
 
Provision for income taxes
 
 
(523)
 
 
(1,269)
 
 
(1,654)
 
 
(13,979)
 
Net income/(loss)
 
$
1,152
 
$
2,681
 
$
4,720
 
$
(9,629)
 
Basic and diluted earnings/(loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings/(loss) per share
 
$
0.10
 
$
0.23
 
$
0.41
 
$
(0.83)
 
Diluted earnings/(loss) per share
 
$
0.10
 
$
0.23
 
$
0.40
 
$
(0.83)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
 
(Provision)/benefit for income taxes
 
 
(1,540)
 
 
(1,227)
 
 
(2,501)
 
 
524
 
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)