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QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
QUARTERLY FINANCIAL DATA
QUARTERLY FINANCIAL DATA
Selected quarterly financial data for the years ended December 31, 2015 and 2014 is as follows:
 
For the Year Ended December 31, 2015
 
First Quarter (Unaudited)
 
Second Quarter (Unaudited)
 
Third Quarter (Unaudited)
 
Fourth Quarter (Unaudited)
Consolidated Statements of Operations and Comprehensive Income Data:
 
 
 
 
 
 
 
Net revenues
$
126,133

 
$
166,834

 
$
117,322

 
$
195,552

Cost of revenues
98,828

 
101,229

 
85,832

 
116,654

Operating (loss) / income
(17,239
)
 
36,441

 
28,853

 
46,528

(Loss) / income from continuing operations
(70,243
)
 
(11,669
)
 
(21,510
)
 
1,137

(Loss) / income from discontinued operations, net of tax
(3,288
)
 
2,684

 
(265
)
 
(12,418
)
Net loss
(73,531
)
 
(8,985
)
 
(21,775
)
 
(11,281
)
Net loss attributable to CME Ltd.
(73,274
)
 
(8,678
)
 
(21,522
)
 
(11,427
)
 
 
 
 
 
 
 
 
Net loss per share:
 
 
 
 
 
 
 
Basic EPS
$
(0.53
)
 
$
(0.09
)
 
$
(0.18
)
 
$
(0.11
)
Effect of dilutive securities

 

 

 

Diluted EPS
$
(0.53
)
 
$
(0.09
)
 
$
(0.18
)
 
$
(0.11
)
 
For the Year Ended December 31, 2014
 
First Quarter (Unaudited)
 
Second Quarter (Unaudited)
 
Third Quarter (Unaudited)
 
Fourth Quarter (Unaudited)
Consolidated Statements of Operations and Comprehensive Income Data:
 
 
 
 
 
 
 
Net revenues
$
140,705

 
$
192,811

 
$
131,081

 
$
216,196

Cost of revenues
119,579

 
125,514

 
105,823

 
138,125

Operating (loss) / income
(14,682
)
 
22,687

 
(8,023
)
 
38,298

Loss from continuing operations
(41,000
)
 
(41,352
)
 
(51,308
)
 
(17,805
)
Loss from discontinued operations, net of tax
(7,633
)
 
(11,154
)
 
(1,174
)
 
(60,470
)
Net loss
(48,633
)
 
(52,506
)
 
(52,482
)
 
(78,275
)
Net loss attributable to CME Ltd.
(47,916
)
 
(52,437
)
 
(52,138
)
 
(74,937
)
 
 
 
 
 
 
 
 
Net loss per share:
 
 
 
 
 
 
 
Basic EPS
$
(0.35
)
 
$
(0.39
)
 
$
(0.38
)
 
$
(0.54
)
Effect of dilutive securities

 

 

 

Diluted EPS
$
(0.35
)
 
$
(0.39
)
 
$
(0.38
)
 
$
(0.54
)