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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The tables below are a condensed summary of the Company’s unaudited quarterly statements of operations and quarterly earnings per share data for the years ended December 31, 2015 and 2014 (in thousands, except per share data):
 
Year Ended December 31, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter(1)
Revenue
$
242,095

 
$
252,227

 
$
264,720

 
$
270,311

Gross profit
55,065

 
58,980

 
63,611

 
62,538

Net income (loss)
1,139

 
1,431

 
4,983

 
(39,891
)
Net income (loss) per share:


 


 


 


Basic
$
0.02

 
$
0.03

 
$
0.09

 
$
(0.75
)
Diluted
$
0.02

 
$
0.03

 
$
0.09

 
$
(0.75
)
(1)
The results for the fourth quarter of 2015 include a goodwill impairment charge of $37.5 million. For additional information related to the goodwill impairment, see Note 4.
 
Year Ended December 31, 2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter(1)
Revenue
$
241,490

 
$
260,350

 
$
251,652

 
$
246,641

Gross profit
54,584

 
58,927

 
57,098

 
58,850

Net income (loss)
289

 
1,605

 
5,114

 
37,454

Net income (loss) per share:
 

 
 

 
 

 
 

Basic
$
0.01

 
$
0.03

 
$
0.10

 
$
0.71

Diluted
$
0.01

 
$
0.03

 
$
0.10

 
$
0.69

(1)
The results for the fourth quarter of 2014 include income of $36.1 million relating to changes in the fair value of contingent consideration. This amount primarily consists of $31.0 million and $5.6 million to reduce the liabilities relating to the DB Studios and Productions Graphics acquisitions, respectively, because changes in the forecasted results of each business resulted in a decreased likelihood that the applicable performance targets would be achieved and that contingent consideration would be paid.