Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of quarterly financial information (unaudited)



	First Quarter			Second Quarter		Third Quarter		Fourth Quarter			Total Year
	(In thousands, except per share amounts)
2017
Net revenues	$	662,677		$	693,227	$	690,925	$	777,857		$	2,824,686
Gross margin	560,219			583,915		584,988		655,918			2,385,040
Income (loss) from continuing operations	70,325			108,829		126,720		(283,889		)	21,985
Loss from discontinued operations, net of tax	(42,704		)	—		—		—			(42,704		)
Net income (loss)	27,621			108,829		126,720		(283,889		)	(20,719		)
Basic earnings (loss) per share:
Income (loss) from continuing operations	0.46			0.72		0.84		(1.93		)	0.15
Loss from discontinued operations	(0.28		)	—		—		—			(0.28		)
Basic net earnings (loss) per share	0.18			0.72		0.84		(1.93		)	(0.13		)

Diluted earnings (loss) per share:
Income (loss) from continuing operations	0.44			0.70		0.82		(1.93		)	0.14
Loss from discontinued operations	(0.27		)	—		—		—			(0.27		)
Diluted net earnings (loss) per share	0.17			0.70		0.82		(1.93		)	(0.13		)
	First Quarter			Second Quarter		Third Quarter		Fourth Quarter			Total Year
	(In thousands, except per share amounts)
2016
Net revenues	$	658,773		$	673,987	$	668,736	$	734,584		$	2,736,080
Gross margin	558,962			566,796		570,565		634,868			2,331,191
Income from continuing operations	73,254			106,289		111,737		178,575			469,855
Income from discontinued operations, net of tax	10,209			14,609		20,164		21,275			66,257
Net income	83,463			120,898		131,901		199,850			536,112
Basic earnings per share:
Income from continuing operations	0.47			0.69		0.72		1.15			3.03
Income from discontinued operations	0.07			0.09		0.13		0.13			0.43
Basic earnings per share	0.54			0.78		0.85		1.28			3.46

Diluted earnings per share:
Income from continuing operations	0.47			0.68		0.71		1.13			2.99
Income from discontinued operations	0.07			0.09		0.13		0.13			0.42
Diluted earnings per share	0.54			0.77		0.84		1.26			3.41