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Selected Quarterly Financial Data - Unaudited (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
A summary of quarterly financial information for the year ended December 31, 2019 and 2018 is as follows:
 
For the Quarter Ended
 
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
Total Fiscal Year 2019
 
2019
 
2019
 
2019
 
2019
 
 
(in thousands except share and per share amounts)
Revenue
$
49,785

 
$
56,702

 
$
41,147

 
$
48,258

 
$
195,892

Gross Profit
$
36,685

 
$
35,418

 
$
26,225

 
$
36,667

 
$
134,995

Income (loss) from operations
$
12,169

 
$
9,233

 
$
(2,484
)
 
$
2,897

 
$
21,815

Net income (loss)
$
8,973

 
$
6,725

 
$
(2,390
)
 
$
1,005

 
$
14,313

Earnings (loss) per share- basic
$
0.64

 
$
0.49

 
$
(0.17
)
 
$
0.08

 
$
1.04

Earnings (loss) per share- diluted
$
0.62

 
$
0.48

 
$
(0.17
)
 
$
0.08

 
$
1.01




 
For the Quarter Ended
 
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
Total Fiscal Year 2018
 
2018
 
2018
 
2018
 
2018
 
 
(in thousands except share and per share amounts)
Revenue
$
46,626

 
$
59,296

 
$
51,337

 
$
56,053

 
$
213,312

Gross Profit
$
34,818

 
$
40,737

 
$
38,346

 
$
37,495

 
$
151,396

Income from operations
$
2,305

 
$
183

 
$
18,402

 
$
15,726

 
$
36,616

Net income
$
2,616

 
$
2,659

 
$
14,040

 
$
12,588

 
$
31,903

Earnings per share- basic
$
0.18

 
$
0.18

 
$
0.94

 
$
0.86

 
$
2.16

Earnings per share- diluted
$
0.17

 
$
0.17

 
$
0.91

 
$
0.84

 
$
2.09