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Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
Quarterly Financial Information (unaudited)
The following is the unaudited quarterly financial information for 2018, 2017 and 2016:
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(in thousands, except share data)
Year Ended December 31, 2018
 
 
 
 
 
 
 
 
Total revenues
 
$
108,230

 
$
124,626

 
$
128,643

 
$
136,327

Gross Profit
 
68,639

 
81,067

 
85,680

 
94,025

Operating income
 
33,896

 
38,315

 
39,238

 
41,530

Net income from continuing operations
 
$
26,208

 
$
29,180

 
$
29,242

 
$
8,509

Net income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
0.83

 
$
0.93

 
$
0.93

 
$
0.27

Diluted
 
$
0.83

 
$
0.92

 
$
0.92

 
$
0.27

Year Ended December 31, 2017
 
 
 
 
 
 
 
 
Total revenues
 
$
79,103

 
$
87,387

 
$
92,800

 
$
104,681

Gross Profit
 
53,916

 
56,455

 
57,863

 
66,243

Operating income
 
25,690

 
26,539

 
27,911

 
33,081

Net income from continuing operations
 
26,427

 
23,434

 
24,184

 
26,573

Net income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
0.83

 
$
0.74

 
$
0.77

 
$
0.84

Diluted
 
$
0.83

 
$
0.74

 
$
0.76

 
$
0.84

Year Ended December 31, 2016
 
 
 
 
 
 
 
 
Total revenues
 
$
71,066

 
$
72,574

 
$
74,608

 
$
80,046

Gross Profit
 
51,464

 
51,995

 
52,183

 
57,524

Operating income
 
24,763

 
23,564

 
24,293

 
27,661

Net income from continuing operations
 
22,159

 
22,992

 
24,067

 
24,629

Net income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
0.67

 
$
0.70

 
$
0.74

 
$
0.76

Diluted
 
$
0.67

 
$
0.70

 
$
0.74

 
$
0.76


In some instances the sum of the quarterly basic and diluted net income per share amounts may not agree to the full year basic and diluted net income per share amounts reported on the Consolidated Statements of Income because of rounding.