Quarterly Results of Operations

12 Months Ended

Dec. 31, 2019

Quarterly Results of Operations

Quarterly Results of Operations

16. Quarterly Results of Operations (Unaudited)

An unaudited summary of the Company’s 2019 and 2018 quarterly performance, and audited annual performance, is as follows.

	Year ended December 31, 2019
	First		Second		Third		Fourth		Total
	Quarter		Quarter		Quarter		Quarter		Year
Total revenue	$	222,579	$	216,002	$	215,273	$	223,899	$	877,753
Net income		29,946		25,934		15,619		28,102		99,601
Earnings per weighted average common share:
Basic		1.97		1.70		1.02		1.84		6.52
Diluted		1.95		1.68		1.01		1.82		6.46
Cash dividends paid per common share		0.80		0.80		0.90		0.90		3.40

	Year ended December 31, 2018
	First		Second		Third		Fourth		Total
	Quarter		Quarter		Quarter		Quarter		Year
Total revenue	$	209,719	$	207,970	$	215,907	$	202,901	$	836,497
Net income		9,125		26,816		28,908		18,346		83,195
Earnings per weighted average common share:
Basic		0.60		1.77		1.90		1.21		5.48
Diluted		0.60		1.75		1.88		1.19		5.43
Cash dividends paid per common share		0.80		0.80		0.80		0.80		3.20