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Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information

(in thousands, except per share amounts)

 

 

 

Quarter Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

Year ended December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

218,215

 

 

$

230,982

 

 

$

247,962

 

 

$

245,152

 

Cost of revenues

 

 

189,868

 

 

 

175,863

 

 

 

177,198

 

 

 

191,129

 

Gross margin

 

 

28,347

 

 

 

55,119

 

 

 

70,764

 

 

 

54,023

 

Net (loss) income

 

 

(2,300

)

 

 

13,907

 

 

 

24,971

 

 

 

11,714

 

Basic (loss) income per common share

 

 

(0.31

)

 

 

1.88

 

 

 

3.34

 

 

 

1.57

 

Diluted (loss) income per common share

 

 

(0.31

)

 

 

1.81

 

 

 

3.24

 

 

 

1.51

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

223,975

 

 

$

231,603

 

 

$

247,287

 

 

$

237,832

 

Cost of revenues

 

 

207,713

 

 

 

183,123

 

 

 

187,602

 

 

 

175,588

 

Gross margin

 

 

16,262

 

 

 

48,480

 

 

 

59,685

 

 

 

62,244

 

Net (loss) income

 

 

(9,123

)

 

 

11,240

 

 

 

19,087

 

 

 

16,856

 

Basic (loss) income per common share

 

 

(1.25

)

 

 

1.54

 

 

 

2.59

 

 

 

2.28

 

Diluted (loss) income per common share

 

 

(1.25

)

 

 

1.46

 

 

 

2.50

 

 

 

2.21