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QUARTERLY DATA (UNAUDITED)
 12 Months Ended
Dec. 31, 2019
Quarterly Data (Unaudited) [Abstract]  
Quarterly Data

NOTE 18 – QUARTERLY DATA (UNAUDITED)

Unaudited quarterly consolidated financial information from continuing operations for 2019 and 2018 is summarized as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

First 

    

Second

    

Third

    

Fourth

    

 

 

 

 

Quarter

 

Quarter

 

Quarter 

 

Quarter

 

Full Year

 

 

(in thousands, except per share data)

2019

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Net revenue

 

$

25,524

 

$

26,415

 

$

25,392

 

$

24,245

 

$

101,576

Income (loss) from continuing operations

 

 

9,978

 

 

12,508

 

 

(19,964)

 

 

4,274

 

 

6,796

Loss from continuing operations before income taxes

 

 

(3,473)

 

 

(2,214)

 

 

(33,855)

 

 

(9,529)

 

 

(49,071)

Loss from continuing operations

 

 

(3,232)

 

 

(1,835)

 

 

(27,820)

 

 

(7,489)

 

 

(40,376)

Net (income) loss from continuing operations attributable to noncontrolling interests

 

 

(1,539)

 

 

(1,455)

 

 

9,449

 

 

(419)

 

 

6,036

Loss from continuing operations attributable to Sequential Brands Group, Inc. and Subsidiaries

 

 

(4,771)

 

 

(3,290)

 

 

(18,371)

 

 

(7,908)

 

 

(34,340)

Loss from discontinued operations, net of income taxes

 

 

(120,574)

 

 

(1,309)

 

 

(309)

 

 

(2,871)

 

 

(125,063)

Net loss attributable to Sequential Brands Group, Inc. and Subsidiaries

 

$

(125,345)

 

$

(4,599)

 

$

(18,680)

 

$

(10,779)

 

$

(159,403)

Basic and diluted loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continued operations

 

$

(0.07)

 

$

(0.05)

 

$

(0.28)

 

$

(0.12)

 

 

 

Discontinued operations

 

 

(1.88)

 

 

(0.02)

 

 

(0.00)

 

 

(0.04)

 

 

 

Attributable to Sequential Brands Group, Inc. and Subsidiaries

 

 

(1.95)

 

 

(0.07)

 

 

(0.29)

 

 

(0.16)

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

First 

    

Second

    

Third

    

Fourth

    

 

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Full Year

 

 

(in thousands, except per share data)

2018

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Net revenue

 

$

29,463

 

$

33,126

 

$

29,455

 

$

35,246

 

$

127,290

Income (loss) from continuing operations

 

 

11,183

 

 

17,723

 

 

(3,858)

 

 

17,003

 

 

42,051

(Loss) income from continuing operations before income taxes

 

 

(2,478)

 

 

3,742

 

 

(17,689)

 

 

2,519

 

 

(13,906)

(Loss) income from continuing operations

 

 

(1,555)

 

 

3,301

 

 

(8,881)

 

 

(4,827)

 

 

(11,962)

Net income from continuing operations attributable to noncontrolling interests

 

 

(1,960)

 

 

(1,102)

 

 

(1,581)

 

 

(863)

 

 

(5,506)

(Loss) income from continuing operations attributable to Sequential Brands Group, Inc. and Subsidiaries

 

 

(3,515)

 

 

2,199

 

 

(10,462)

 

 

(5,690)

 

 

(17,468)

Income from discontinued operations, net of income taxes

 

 

1,253

 

 

1,388

 

 

847

 

 

3,496

 

 

6,984

Net (loss) income attributable to Sequential Brands Group, Inc. and Subsidiaries

 

$

(2,262)

 

$

3,587

 

$

(9,615)

 

$

(2,194)

 

$

(10,484)

Basic (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continued operations

 

$

(0.06)

 

$

0.03

 

$

(0.16)

 

$

(0.09)

 

 

 

Discontinued operations

 

 

0.02

 

 

0.03

 

 

0.01

 

 

0.05

 

 

 

Attributable to Sequential Brands Group, Inc. and Subsidiaries

 

 

(0.04)

 

 

0.06

 

 

(0.15)

 

 

(0.03)

 

 

  

Diluted (loss) earnings per share:

 

 

  

 

 

 

 

 

 

 

 

  

 

 

  

Continued operations

 

$

(0.06)

 

$

0.02

 

$

(0.16)

 

$

(0.09)

 

 

 

Discontinued operations

 

 

0.02

 

 

0.02

 

 

0.01

 

 

0.05

 

 

 

Attributable to Sequential Brands Group, Inc. and Subsidiaries

 

 

(0.04)

 

 

0.06

 

 

(0.15)

 

 

(0.03)