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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY DATA (UNAUDITED)
QUARTERLY DATA (UNAUDITED)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(in thousands except per share amounts)
2016
 
 
 
 
 
 
 
Revenues
$
636,083

 
$
697,510

 
$
729,520

 
$
692,113

Cost of revenues (1)
464,279

 
480,002

 
491,915

 
496,661

(Loss) income from operations (3)
(4,087
)
 
34,504

 
16,802

 
21,943

Other (expense) income
(350
)
 
(189
)
 
(198
)
 
6,932

Net (loss) income (4)
(20,871
)
 
3,966

 
(10,255
)
 
(12,713
)
Basic (loss) earnings per share (2)
(0.36
)
 
0.07

 
(0.18
)
 
(0.22
)
Diluted (loss) earnings per share (2)
(0.36
)
 
0.07

 
(0.18
)
 
(0.22
)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(in thousands except per share amounts)
2015
 
 
 
 
 
 
 
Revenues
$
732,499

 
$
936,228

 
$
893,366

 
$
713,044

Cost of revenues (1)
546,507

 
652,688

 
634,646

 
522,965

Income from operations (3)
7,302

 
60,758

 
93,970

 
25,549

Other income (expense), net
409

 
(660
)
 
(139
)
 
(990
)
Net (loss) income
(7,089
)
 
10,395

 
40,228

 
568

Basic (loss) earnings per share (2)
(0.12
)
 
0.18

 
0.69

 
0.01

Diluted (loss) earnings per share (2)
(0.12
)
 
0.18

 
0.69

 
0.01

______________________________________
(1)
Items shown separately on the statements of income consist of (i) accretion of environmental liabilities and (ii) depreciation and amortization.
(2)
(Loss) earnings per share are computed independently for each of the quarters presented. Accordingly, the quarterly basic and diluted (loss) earnings per share may not equal the total computed for the year.
(3)
The third quarter of 2016 results include a $34.0 million goodwill impairment charge in the Company's Lodging Services reporting unit and the second quarter of 2015 results include a $32.0 million goodwill impairment charge in the Company's Oil and Gas Field Services reporting unit.
(4)
The third quarter of 2016 net loss includes a $16.4 million pre-tax gain on the sale of a non-core line of business within the Company's Industrial and Field Services segment.