SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2016

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Schedule of selected quarterly financial data (unaudited)

The following table presents selected quarterly financial information for 2016 and 2015 (in thousands, except per share amounts):

	2016
	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total
Net revenues	$	49,749	$	54,578	$	57,109	$	55,596	$	217,032
Operating expenses		42,590		45,633		44,857		45,404		178,484
Income from operations		7,159		8,945		12,252		10,192		38,548
Net income		4,575		5,695		7,834		6,470		24,574
Income per share of common stock
Basic	$	0.27	$	0.33	$	0.45	$	0.37	$	1.42
Diluted	$	0.26	$	0.32	$	0.45	$	0.36	$	1.39

	2015
	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total
Net revenues	$	47,171	$	50,013	$	53,576	$	51,485	$	202,245
Operating expenses		40,700		41,965		43,527		43,498		169,690
Income from operations		6,471		8,048		10,049		7,987		32,555
Net income		4,043		5,099		6,394		5,123		20,659
Income per share of common stock
Basic	$	0.24	$	0.30	$	0.38	$	0.30	$	1.22
Diluted	$	0.24	$	0.29	$	0.37	$	0.29	$	1.19