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SELECTED QUARTERLY INFORMATION - UNAUDITED (Tables)
 12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Information
(In thousands, except per share data)
 
 
 
 
 
 
Quarter
Total revenue, net
 
Gross margin
 
Net income
 
Per Share - Basic (1)
 
Per Share - Diluted (1)
2017
 
 
 
 
 
 
 
 
 
First
$
258,636

 
$
172,051

 
$
6,394

 
$
0.09

 
$
0.08

Second
282,164

 
183,166

 
10,835

 
0.14

 
0.14

Third
278,834

 
177,077

 
3,159

 
0.04

 
0.04

Fourth (3) (4)
368,602

 
220,431

 
44,355

 
0.57

 
0.56

 
$
1,188,236

 
$
752,725

 
$
64,743

 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
First (2)
$
236,770

 
$
151,997

 
$
13,419

 
$
0.18

 
$
0.18

Second
249,309

 
159,744

 
12,755

 
0.17

 
0.16

Third
250,332

 
161,003

 
20,144

 
0.27

 
0.25

Fourth
255,664

 
170,242

 
28,246

 
0.38

 
0.35

 
$
992,075

 
$
642,986

 
$
74,564

 
 
 
 

(1) Per common share amounts for the quarters and full years have been calculated separately. Accordingly, quarterly amounts do not necessarily add to the annual amount because of differences in the weighted average common shares outstanding during each period principally due to the effect of the Company’s issuing shares of its common stock during the year.
(2) The net income for first quarter of 2016 was adjusted to reflect the effect of the adoption of ASU 2016-09 in second quarter of 2016 of $1.8 million. The earning per share were also restated to reflect the adoption of ASU 2016-09.
(3) The net income for the fourth quarter of 2017 includes gain on sale of business of $2.6 million related to Divestiture to Natus.
(4) The net income for the fourth quarter of 2017 includes benefit from income taxes of $43.4 million related to the re-measurement of our deferred taxes resulting from a reduction of the federal statutory rate from 35% to 21% from the 2017 Tax Act (see Note 11, Income Taxes).