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QUARTERLY CONSOLIDATED FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Consolidated Financial Data (Unaudited)

14.

QUARTERLY CONSOLIDATED FINANCIAL DATA (UNAUDITED)

 

 

 

Quarter

 

 

 

 

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Year

 

(In thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

212,677

 

 

$

194,894

 

 

$

158,149

 

 

$

131,237

 

 

$

696,957

 

Gross margin

 

$

114,447

 

 

$

105,797

 

 

$

85,792

 

 

$

69,711

 

 

$

375,747

 

Net income

 

$

7,484

 

 

$

24,435

 

 

$

15,027

 

 

$

10,926

 

 

$

57,872

 

Basic income per common share

 

$

0.25

 

 

$

0.82

 

 

$

0.50

 

 

$

0.36

 

 

$

1.93

 

Diluted income per common share

 

$

0.25

 

 

$

0.80

 

 

$

0.49

 

 

$

0.36

 

 

$

1.90

 

2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

162,110

 

 

$

149,823

 

 

$

124,571

 

 

$

108,947

 

 

$

545,451

 

Gross margin

 

$

83,552

 

 

$

80,681

 

 

$

66,877

 

 

$

57,347

 

 

$

288,457

 

Net income

 

$

2,552

 

 

$

16,118

 

 

$

7,949

 

 

$

8,850

 

 

$

35,469

 

Basic income per common share

 

$

0.09

 

 

$

0.55

 

 

$

0.27

 

 

$

0.30

 

 

$

1.20

 

Diluted income per common share

 

$

0.09

 

 

$

0.54

 

 

$

0.27

 

 

$

0.29

 

 

$

1.19

 

 

The sum of the quarterly basic and diluted per share amounts may not equal amounts reported for the year. This is due to the effects of rounding and changes in weighted average shares outstanding for each period.