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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Data (Unaudited)  
Schedule of quarterly financial information

Quarterly financial information for the years ended December 31, 2017 and 2016 is summarized as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

    

Q1

    

Q2

    

Q3

    

Q4

 

Revenue

 

$

380,588

 

$

465,411

 

$

480,851

 

$

461,072

 

Gross profit

 

 

75,954

 

 

95,738

 

 

100,858

 

 

93,731

 

Net income including noncontrolling interests (1)

 

 

7,477

 

 

17,972

 

 

22,284

 

 

7,539

 

Net income attributable to Comfort Systems USA, Inc. (1)

 

 

7,477

 

 

17,972

 

 

22,284

 

 

7,539

 

INCOME PER SHARE ATTRIBUTABLE TO COMFORT SYSTEMS USA, INC.:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.20

 

$

0.48

 

$

0.60

 

$

0.20

 

Diluted

 

$

0.20

 

$

0.48

 

$

0.59

 

$

0.20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

    

Q1

    

Q2

    

Q3

    

Q4

 

Revenue

 

$

385,942

 

$

427,538

 

$

428,760

 

$

392,100

 

Gross profit

 

 

73,502

 

 

89,426

 

 

92,816

 

 

88,265

 

Net income including noncontrolling interests

 

 

9,841

 

 

17,717

 

 

20,471

 

 

16,867

 

Net income attributable to Comfort Systems USA, Inc.

 

 

9,841

 

 

17,717

 

 

20,471

 

 

16,867

 

INCOME PER SHARE ATTRIBUTABLE TO COMFORT SYSTEMS USA, INC.:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.26

 

$

0.47

 

$

0.55

 

$

0.45

 

Diluted

 

$

0.26

 

$

0.47

 

$

0.54

 

$

0.45

 

 


In the fourth quarter of 2017, we recorded a $9.5 million increase to the provision for income taxes to remeasure our net deferred tax assets for the enacted corporate tax rate reduction.