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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Selected Quarterly Financial Data
Provided below are selected unaudited quarterly financial data for 2015 and 2014.
The earnings per share information is calculated independently for each quarter based on the weighted average number of common stock and common stock equivalents outstanding, which may fluctuate, based on quarterly income levels and market prices. Therefore, the sum of the quarters’ per share information may not equal the annual amount presented on the Consolidated Statements of Operations.
 
 
 
2015
 
 
 
First 
 
Second
 
Third
 
Fourth
Net revenues
$
1,850

 
$
2,173

 
$
2,577

 
$
1,902

Net income (loss)
(9
)
 
143

 
184

 
(5
)
 
 
 
 
 
 
 
 
 
 
Per share information:
 
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(0.09
)
 
$
1.36

 
$
1.80

 
$
(0.06
)
 
 
Weighted average shares
106.1

 
105.5

 
102.7

 
99.5

 
 
 
 
 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(0.09
)
 
$
1.34

 
$
1.77

 
$
(0.06
)
 
 
Weighted average shares
106.1

 
106.7

 
104.0

 
99.5

 
 
 
 
2014
 
 
 
First
 
Second
 
Third
 
Fourth
Net revenues
$
1,862

 
$
2,194

 
$
2,542

 
$
1,887

Net income
4

 
26

 
192

 
23

 
 
 
 
 
 
 
 
 
 
Per share information:
 
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
 
 
Net income
$
0.03

 
$
0.25

 
$
1.84

 
$
0.22

 
 
Weighted average shares
106.6

 
105.1

 
103.9

 
106.2

 
 
 
 
 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
 
 
 
Net income
$
0.03

 
$
0.24

 
$
1.74

 
$
0.21

 
 
Weighted average shares
108.6

 
111.0

 
109.9

 
108.3