Quarterly Financial Information (unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (unaudited)

Note 17—Quarterly Financial Information (unaudited)

Summarized quarterly financial data for the years ended December 31, 2018 and 2017 are presented in the following table to retroactively reflect the 15-to-1 reverse stock split at the close the BRMR Merger. In the following table, the sum of basic and diluted “Income (loss) per common share” for the four quarters may differ from the annual amounts due to the required method of computing weighted average number of shares in the respective periods. Additionally, due to the effect of rounding, the sum of the individual quarterly loss per share amounts may not equal the calculated year loss per share amount (in thousands, except per share data).

	First Quarter			Second Quarter			Third Quarter		Fourth Quarter
Year ended December 31, 2018
Total operating revenues	$	110,192		$	103,622		$	130,123	$	171,208
Total operating expenses		95,651			92,989			108,929		123,590
Operating income (loss)		14,541			10,633			21,194		47,618
Net income (loss)		(2,626	)		(19,036	)		3,998		36,490
Income (loss) per common share:
Basic	$	(0.13	)	$	(0.95	)	$	0.20	$	1.81
Diluted	$	(0.13	)	$	(0.95	)	$	0.20	$	1.80

	First Quarter		Second Quarter		Third Quarter			Fourth Quarter
Year ended December 31, 2017
Total operating revenues	$	101,863	$	86,191	$	91,549		$	104,056
Total operating expenses		87,632		80,589		94,338			108,431
Operating loss		14,231		5,602		(2,789	)		(4,375	)
Net income (loss)		26,847		11,494		(16,694	)		(13,122	)
Income (loss) per common share:
Basic	$	1.54	$	0.66	$	(0.95	)	$	(0.75	)
Diluted	$	1.52	$	0.65	$	(0.95	)	$	(0.74	)