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QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
The following is a summary of certain items in the consolidated statements of operations by quarter. The impact of discontinued operations, as described in Note 16, Divestiture Transactions and Discontinued Operations is included in all periods in the tables below.
 
Fiscal Year 2016
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Revenues
$
125,432

 
$
144,670

 
$
151,133

 
$
143,795

Operating income
$
1,974

 
$
15,596

 
$
17,378

 
$
9,997

Net (loss) income
$
(7,614
)
 
$
5,192

 
$
7,537

 
$
(11,973
)
Net (loss) income attributable to common stockholders
$
(7,608
)
 
$
5,195

 
$
7,537

 
$
(11,973
)
Earnings per common share:
 
 
 
 
 
 
—

Basic weighted average common shares outstanding
40,996

 
41,132

 
41,377

 
41,422

Basic earnings per share
$
(0.19
)
 
$
0.13

 
$
0.18

 
$
(0.29
)
Diluted weighted average common shares outstanding
40,996

 
41,598

 
42,287

 
41,422

Diluted earnings per share
$
(0.19
)
 
$
0.12

 
$
0.18

 
$
(0.29
)
Fiscal Year 2015
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Revenues
$
116,577

 
$
143,714

 
$
146,185

 
$
140,024

Operating income
$
3,126

 
$
11,342

 
$
12,696

 
$
4,702

Net (loss) income
$
(7,963
)
 
$
943

 
$
2,259

 
$
(7,020
)
Net (loss) income attributable to common stockholders
$
(9,271
)
 
$
1,025

 
$
2,296

 
$
(7,019
)
Earnings per common share:
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
40,417

 
40,447

 
40,810

 
40,889

Basic earnings per share
$
(0.23
)
 
$
0.03

 
$
0.06

 
$
(0.17
)
Diluted weighted average common shares outstanding
40,417

 
40,846

 
41,283

 
40,889

Diluted earnings per share
$
(0.23
)
 
$
0.03

 
$
0.06

 
$
(0.17
)
Our transfer and disposal revenues historically have been lower from the months of November through March. This seasonality reflects the lower volume of waste during the late fall, winter and early spring months. Since certain of our operating and fixed costs remain constant throughout fiscal year, operating income is impacted by a similar seasonality. In addition, particularly harsh weather conditions typically result in increased operating costs.
Our recycling business experiences increased volumes of newspaper in November and December due to increased newspaper advertising and retail activity during the holiday season.