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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

17. QUARTERLY FINANCIAL DATA (unaudited)

The following table summarizes the Company's unaudited quarterly results of operations (in thousands, except per share data):

 

 

2017

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service revenue, net

$

93,781

 

 

$

94,552

 

 

$

98,681

 

 

$

99,448

 

Direct costs, excluding depreciation and amortization

 

51,105

 

 

 

51,955

 

 

 

53,144

 

 

 

55,569

 

Income from operations

 

15,944

 

 

 

16,279

 

 

 

17,198

 

 

 

15,437

 

Net income

 

8,447

 

 

 

9,553

 

 

 

9,831

 

 

 

11,291

 

Net income per share attributable to common shareholders - Basic

$

0.21

 

 

$

0.24

 

 

$

0.25

 

 

$

0.30

 

Net income per share attributable to common shareholders - Diluted

$

0.20

 

 

$

0.23

 

 

$

0.25

 

 

$

0.30

 

 

 

2016

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service revenue, net

$

87,800

 

 

$

92,633

 

 

$

94,812

 

 

$

95,376

 

Direct costs, excluding depreciation and amortization

 

46,981

 

 

 

49,234

 

 

 

51,221

 

 

 

51,074

 

Income (loss) from operations

 

12,869

 

 

 

14,114

 

 

 

12,617

 

 

 

12,890

 

Net income (loss)

 

3,448

 

 

 

4,962

 

 

 

5,036

 

 

 

(21

)

Net income (loss) per share attributable to common shareholders - Basic

$

0.11

 

 

$

0.15

 

 

$

0.14

 

 

$

(0.00

)

Net income (loss) per share attributable to common shareholders - Diluted

$

0.11

 

 

$

0.15

 

 

$

0.13

 

 

$

(0.00

)