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QUARTERLY FINANCIAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Quarterly Financial Information [Abstract]    
Schedule of quarterly financial information
The following tables set forth summary financial information for the years ended December 31, 2019 and 2018:
 
Q1
 
Q2
 
Q3
 
Q4
 
(in thousands, except per share amounts)
2019
 
 
 
 
 
 
 
Revenue
$
262,390

 
$
278,421

 
$
310,605

 
$
255,187

Operating (loss) income (1)
(1,802
)
 
12,316

 
31,193

 
9,021

Income from continuing operations (1)
550

 
12,981

 
24,463

 
1,466

(Loss) income from discontinued operations
(1,062
)
 
(763
)
 
(20,199
)
 
392

Net (loss) income and comprehensive (loss) income
$
(512
)
 
$
12,218

 
$
4,264

 
$
1,858

Income per share from continuing operations:
 
 
 
 
 
 
 
Basic
$
0.04

 
$
1.01

 
$
1.90

 
$
0.11

Diluted
$
0.04

 
$
0.87

 
$
1.67

 
$
0.10

(Loss) income per share from discontinued operations:
 
 
 
 
 
 
 
Basic
$
(0.08
)
 
$
(0.06
)
 
$
(1.57
)
 
$
0.03

Diluted
$
(0.07
)
 
$
(0.05
)
 
$
(1.38
)
 
$
0.03

Net (loss) income per share:
 
 
 
 
 
 
 
Basic
$
(0.04
)
 
$
0.95

 
$
0.33

 
$
0.14

Diluted
$
(0.04
)
 
$
0.82

 
$
0.29

 
$
0.13


 
Q1
 
Q2
 
Q3
 
Q4
 
(in thousands, except per share amounts)
2018
 
 
 
 
 
 
 
Revenue
$
181,035

 
$
184,101

 
$
197,057

 
$
202,672

Operating income (1)
15,350

 
18,123

 
20,290

 
2,428

Income from continuing operations (1)
35,857

 
44,849

 
28,362

 
251

Loss from discontinued operations
(4,333
)
 
(2,302
)
 
(2,634
)
 
(3,551
)
Net income (loss) and comprehensive income (loss)
$
31,524

 
$
42,547

 
$
25,728

 
$
(3,300
)
Income per share from continuing operations:
 
 
 
 
 
 
 
Basic
$
2.97

 
$
3.61

 
$
2.22

 
$
0.02

Diluted
$
2.41

 
$
3.17

 
$
2.05

 
$
0.02

Loss per share from discontinued operations:
 
 
 
 
 
 
 
Basic
$
(0.36
)
 
$
(0.19
)
 
$
(0.21
)
 
$
(0.28
)
Diluted
$
(0.29
)
 
$
(0.16
)
 
$
(0.19
)
 
$
(0.26
)
Net income (loss) per share:
 
 
 
 
 
 
 
Basic
$
2.61

 
$
3.43

 
$
2.01

 
$
(0.26
)
Diluted
$
2.12

 
$
3.01

 
$
1.86

 
$
(0.24
)

(1)
The fourth quarter of 2018 includes contingent consideration expense of $6.8 million for the QuoteWizard acquisition due to an increased probability of achievement of certain defined performance targets for QuoteWizard.