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Unaudited Quarterly Financial Results (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Information
 
 
Quarter Ended
 
Year Ended Dec. 31,
2018
 
Mar. 31,
 
June 30,(1)
 
Sept. 30,
 
Dec. 31,
 
 
 
 
 
 
Revenues
 
$
685,173

 
$
878,509

 
$
906,449

 
$
929,650

 
$
3,399,781

Gross profit
 
217,737

 
263,846

 
270,172

 
271,896

 
1,023,651

Income from continuing operations
 
29,240

 
33,601

 
49,217

 
45,926

 
157,984

Loss from discontinued operations, net of income taxes
 
(148
)
 
(40
)
 
(45
)
 
(45
)
 
(278
)
Net income
 
$
29,092

 
$
33,561

 
$
49,172

 
$
45,881

 
$
157,706

 
 
 
 
 
 
 
 
 
 
 
Per share income from continuing operations and net income:

 
 

 
 

 
 
 
 

 
 
Basic
 
$
0.56

 
$
0.64

 
$
0.94

 
$
0.88

 
$
3.02

Diluted
 
$
0.55

 
$
0.63

 
$
0.93

 
$
0.86

 
$
2.98


 
 
Quarter Ended
 
Year Ended Dec. 31,
2017
 
Mar. 31,
 
June 30,
 
Sept. 30,
 
Dec. 31,(2)
 
 
 
 
 
 
Revenues
 
$
626,528

 
$
653,313

 
$
667,048

 
$
679,035

 
$
2,625,924

Gross profit
 
198,144

 
212,937

 
218,315

 
220,677

 
850,073

Income from continuing operations
 
22,382

 
33,236

 
34,879

 
67,377

 
157,874

Income (loss) from discontinued operations, net of income taxes
 
9

 
(139
)
 
(23
)
 
(46
)
 
(199
)
Net income
 
$
22,391

 
$
33,097

 
$
34,856

 
$
67,331

 
$
157,675

 
 
 

 
 

 
 

 
 

 
 
Per share income from continuing operations and net income:

 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.43

 
$
0.63

 
$
0.66

 
$
1.29

 
$
3.01

Diluted
 
$
0.42

 
$
0.62

 
$
0.66

 
$
1.28

 
$
2.97

 ______
(1)
ECS was acquired on April 2, 2018, see Note 3 Acquisitions.

(2)
On December 22, 2017, the U.S. government enacted comprehensive tax legislation, the TCJA. In the fourth quarter of 2017, the Company recorded an estimated net tax benefit of $31.4 million for the impact of the TCJA, which is included in the provision for income taxes in the consolidated statement of operations and comprehensive income, see Note 11 Income Taxes.