XML 22 R44.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
 
 
Net (Loss) Income
 
(In thousands, except per share amounts)
Revenues
 
Gross
Profit
 
Operating
(Loss) Income (2)
 
Amount
 
Per Basic
Share
 
Per Diluted
Share
Year Ended December 31, 2019:
 
 
 
 
 
 
 
 
 
 
 
4th Quarter
$
162,257

 
$
59,807

 
$
(43,980
)
 
$
(80,660
)
 
$
(0.64
)
 
$
(0.64
)
3rd Quarter (1)
176,244

 
71,402

 
8,768

 
47,670

 
0.38

 
0.38

2nd Quarter
178,057

 
67,984

 
(87,366
)
 
(111,599
)
 
(0.89
)
 
(0.89
)
1st Quarter
$
165,871

 
$
53,513

 
$
(65,483
)
 
$
(82,181
)
 
$
(0.65
)
 
$
(0.65
)
Year Ended December 31, 2018:
 
 
 
 
 
 
 
 
 
 
 
4th Quarter
$
153,386

 
$
25,247

 
$
(195,865
)
 
$
(215,038
)
 
$
(1.71
)
 
$
(1.71
)
3rd Quarter
165,625

 
57,262

 
(75,980
)
 
(70,140
)
 
(0.56
)
 
(0.56
)
2nd Quarter
190,944

 
81,279

 
(91,166
)
 
(87,984
)
 
(0.70
)
 
(0.70
)
1st Quarter
$
184,063

 
$
82,228

 
$
(25,415
)
 
$
(28,747
)
 
$
(0.23
)
 
$
(0.23
)


(1) The third quarter 2019 net income was primarily due to a higher operating income and income tax (benefit). See Note 11 - “Income Taxes” for further details.

(2) The significant increase in operating loss in the fourth quarter of 2018 compared to the prior 2018 quarters, was primarily due to impairments of intangibles assets, net. See Note 5 - Goodwill and Other Intangible Assets” for further details.