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Selected Quarterly Financial Data
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
Selected Quarterly Financial Data

The following tables set forth selected unaudited financial information for the eight quarters in the two-year period ended December 31, 2016.  This information has been prepared on the same basis as the audited financial statements and, in the opinion of management, contains all adjustments necessary for a fair presentation.

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Year
 
(in thousands, except per share data)
2016
 
 
 
 
 
 
 
 
 
Revenues
$
129,623

 
$
140,301

 
$
164,017

 
$
144,295

 
$
578,236

Gross profit
14,710

 
16,946

 
24,169

 
11,657

 
67,482

Operating (loss) income
(455
)
 
281

 
9,531

 
(5,283
)
 
4,074

(Loss) income before income taxes
(1,958
)
 
(1,310
)
 
7,963

 
(6,734
)
 
(2,039
)
Net (loss) income
(1,208
)
 
(808
)
 
4,739

 
(6,343
)
(1)
(3,620
)
(Loss) earnings per share:
 

 
 

 
 

 
 

 
 

Basic
$
(0.04
)
 
$
(0.03
)
 
$
0.17

 
$
(0.23
)
 
$
(0.13
)
Diluted
$
(0.04
)
 
$
(0.03
)
 
$
0.17

 
$
(0.23
)
 
$
(0.13
)

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Year
 
(in thousands, except per share data)
2015
 
 
 
 
 
 
 
 
 
Revenues
$
81,455

 
$
86,091

 
$
137,061

 
$
161,891

 
$
466,498

Gross profit
8,456

 
6,025

 
8,278

 
17,423

 
40,182

Operating (loss) income
(193
)
 
(2,712
)
 
(8,325
)
 
3,231

 
(7,999
)
(Loss) income before income taxes
(419
)
 
(2,960
)
 
(9,065
)
 
1,865

 
(10,579
)
Net (loss) income
(258
)
 
(1,845
)
 
(7,396
)
 
1,439

 
(8,060
)
(Loss) earnings per share:
 

 
 

 
 

 
 

 
 

Basic
$
(0.01
)
 
$
(0.07
)
 
$
(0.27
)
 
$
0.06

 
$
(0.29
)
Diluted
$
(0.01
)
 
$
(0.07
)
 
$
(0.27
)
 
$
0.06

 
$
(0.29
)

(1) - Fourth quarter 2016 net loss includes $0.8 million of tax expense that represents an out of period adjustment associated with deferred taxes. Management evaluated the effect of the adjustment on the Company's financial statements based on SEC Staff Accounting Bulleting ("SAB") No. 99 and SAB 108 and concluded that it was immaterial to the current and prior year's financial statements.