Fiscal Quarter

First

Second

Third

Fourth

(In millions, except for per share data)

Year Ended December 31, 2019:

Revenue (less agency commissions)

$

518

$

508

$

517

$

579

Operating income

40

119

139

180

Net (loss) income available to common stockholders

(31

)

31

46

81

Basic net (loss) income available to common stockholders per share

$

(0.31

)

$

0.31

$

0.46

$

0.82

Diluted net (loss) income available to common stockholders per share

$

(0.31

)

$

0.31

$

0.46

$

0.81

Year Ended December 31, 2018:

Revenue (less agency commissions)

$

226

$

250

$

279

$

329

Operating income

50

80

108

151

Net income

20

41

62

88

Basic net income per share

$

0.22

$

0.46

$

0.71

$

1.01

Diluted net income per share

$

0.22

$

0.46

$

0.70

$

1.00