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Quarterly Financial Summary (unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Summary (unaudited)
Quarterly Financial Summary (unaudited)
The following unaudited consolidated interim financial information presented should be read in conjunction with other information included in the Company’s consolidated financial statements. In the opinion of management, the following unaudited consolidated financial information reflects all adjustments necessary for the fair presentation of the results of interim periods. Historical results are not necessarily indicative of the results of operations to be expected for future periods. The following tables set forth selected unaudited quarterly financial information for each of the Company’s last eight quarters:

 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
 
(in thousands, except per share data)
2019
 
 
 
 
 
 
 
Revenue
$
73,441

 
$
70,560

 
$
67,888

 
$
74,381

Income (loss) from operations before income taxes
2,435

 
6,813

 
(1,894
)
 
9,310

Net income (loss)
1,011

 
4,921

 
(1,638
)
 
5,719

Net income (loss) per common share:
 
 
 
 
 
 
 
Basic
$
0.06

 
$
0.30

 
$
(0.10
)
 
$
0.37

Diluted
$
0.06

 
$
0.30

 
$
(0.10
)
 
$
0.37

2018
 
 
 
 
 
 
 
Revenue
$
74,967

 
$
72,798

 
$
72,992

 
$
76,930

Income from operations before income taxes
6,655

 
8,709

 
7,658

 
12,419

Net income
4,589

 
6,458

 
5,499

 
9,093

Net income per common share:
 
 
 
 
 
 
 
Basic
$
0.28

 
$
0.39

 
$
0.33

 
$
0.55

Diluted
$
0.28

 
$
0.39

 
$
0.33

 
$
0.55