UNAUDITED QUARTERLY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results

The following table summarizes the Company's 2019 and 2018 quarterly results:

	Three months ended (unaudited)											Year ended
	March 31,			June 30,		September 30,			December 31,			December 31,
	2019			2019		2019			2019			2019
	(In thousands, except per share amounts)
Total revenue	$	564,764		$	533,997	$	499,076		$	470,351		$	2,068,188
Gross profit	203,091			193,744		162,628			154,919			714,382
Operating income (loss)	35,482			48,718		26,654			13,889			124,743
Net (loss) income	(15,262		)	16,058		(2,418		)	(33,490		)	(35,112		)
Weighted average shares outstanding:
Basic	83,510			83,663		83,823			83,878			83,720
Diluted	83,510			140,942		83,823			83,878			83,720
(Loss) earnings per share:
Basic (1)	$	(0.23	)	$	0.13	$	(0.09	)	$	(0.46	)	$	(0.64	)
Diluted (1)	$	(0.23	)	$	0.11	$	(0.09	)	$	(0.46	)	$	(0.64	)

	Three months ended (unaudited)										Year ended
	March 31,		June 30,		September 30,			December 31,			December 31,
	2018		2018		2018			2018			2018
	(In thousands, except per share amounts)
Total revenue	$	607,533	$	617,944	$	580,185		$	547,861		$	2,353,523
Gross profit	206,874		207,735		184,702			172,434			771,745
Operating income (loss)	46,389		48,884		19,961			(2,881		)	112,353
Net income (loss)	6,190		13,341		(8,590		)	58,839			69,780
Weighted average shares outstanding:
Basic	83,232		83,332		83,412			83,476			83,364
Diluted	83,368		83,409		83,412			94,388			86,171
Earnings per share:
Basic (1)	$	0.07	$	0.16	$	(0.10	)	$	0.69		$	0.83
Diluted (1)	$	0.07	$	0.16	$	(0.10	)	$	0.62		$	0.81

(1) Quarterly results for earnings per share may not add to full year results due to rounding or dilution impact.