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Quarterly Results of Operations (unaudited)
12 Months Ended
Dec. 31, 2016
Selected Quarterly Financial Information [Abstract]  
Quarterly Results of Operations (unaudited)

Note 23. Quarterly Results of Operations (unaudited)

Selected quarterly information for each of the four quarters in the year ended December 31, 2016:

 

 

 

2016

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

(Thousands, except per share data)

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

Total revenues

 

$

174,675

 

 

$

188,573

 

 

$

200,240

 

 

$

206,920

 

Income (loss) before income taxes

 

 

8,480

 

 

 

(1,208

)

 

 

(2,215

)

 

 

(4,752

)

Net income (loss)

 

 

8,036

 

 

 

(1,535

)

 

 

(2,343

)

 

 

(4,370

)

Net income (loss) applicable to common shareholders

 

 

7,681

 

 

 

(2,871

)

 

 

(4,144

)

 

 

(6,163

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$

0.05

 

 

$

(0.02

)

 

$

(0.03

)

 

$

(0.04

)

Diluted earnings (loss) per common share

 

$

0.05

 

 

$

(0.02

)

 

$

(0.03

)

 

$

(0.04

)

Dividends declared per common share

 

$

0.60

 

 

$

0.60

 

 

$

0.60

 

 

$

0.60

 

 

Selected quarterly information for period from April 24, 2015 to December 31, 2015:

 

 

 

2015

 

 

 

Period from

 

 

Third

 

 

Fourth

 

(Thousands, except per share data)

 

April 24 - June 30, 2015

 

 

Quarter

 

 

Quarter

 

Total revenues

 

$

128,748

 

 

$

173,634

 

 

$

173,932

 

Income before income taxes

 

 

8,532

 

 

 

9,671

 

 

 

7,405

 

Net income

 

 

8,301

 

 

 

9,403

 

 

 

7,166

 

Net income applicable to common shareholders

 

 

7,976

 

 

 

8,973

 

 

 

6,769

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.05

 

 

$

0.06

 

 

$

0.05

 

Diluted earnings per common share

 

$

0.05

 

 

$

0.06

 

 

$

0.05

 

Dividends declared per common share

 

$

0.44

 

 

$

0.60

 

 

$

0.60