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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information
The following table provides quarterly information for the years ended December 31, 2019 and 2018 (in thousands, except per share amounts):
 THREE MONTHS ENDED
 MARCH 31JUNE 30SEPTEMBER 30DECEMBER 31
2019
Revenue$326,738  $338,861  $345,558  $336,230  
Gross profit93,176  101,026  102,811  98,025  
Income from continuing operations7,974  16,076  15,907  14,609  
Income (loss) from discontinued operations, net of tax18,881  58,783  (967) (401) 
Net income $26,855  $74,859  $14,940  $14,208  
Earnings per share – basic, continuing operations$0.33  $0.67  $0.70  $0.68  
Earnings per share – diluted, continuing operations$0.32  $0.66  $0.68  $0.66  
Earnings per share-basic$1.10  $3.13  $0.66  $0.66  
Earnings per share-diluted$1.07  $3.06  $0.64  $0.64  
2018
Revenue$317,441  $329,535  $326,584  $330,377  
Gross profit92,509  100,220  96,045  97,713  
Income from continuing operations7,957  15,173  14,156  13,590  
Income from discontinued operations, net of tax1,218  1,099  2,021  2,766  
Net income $9,175  $16,272  $16,177  $16,356  
Earnings per share – basic, continuing operations$0.32  $0.61  $0.57  $0.55  
Earnings per share – diluted, continuing operations$0.32  $0.60  $0.56  $0.54  
Earnings per share-basic$0.37  $0.66  $0.65  $0.66  
Earnings per share-diluted$0.37  $0.65  $0.64  $0.65  
During the second quarter of 2019, in connection with the disposition of the GS segment, income from discontinued operations included a gain on the sale of discontinued operations, net of transactions costs, of $80.0 million. There were post-closing working capital adjustments included in the loss from discontinued operations during the third and fourth quarter of 2019 of $0.4 million and $0.3 million, respectively. Refer to Note 2 - “Discontinued Operations” for a more detailed discussion.