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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Selected Quarterly Financial Data

The following table sets forth the selected quarterly financial data for each of the quarters in 2017 (in thousands, except per share amounts):

 

 

Quarter Ended

 

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

 

2017

 

 

2017

 

 

2017

 

 

2017

 

Year Ended December 31, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

$

893,448

 

 

$

924,513

 

 

$

1,054,360

 

 

$

1,162,576

 

Gross margin

 

101,585

 

 

 

101,317

 

 

 

116,524

 

 

 

138,091

 

Operating income

 

17,177

 

 

 

16,578

 

 

 

21,669

 

 

 

41,127

 

Net income

 

10,334

 

 

 

9,542

 

 

 

15,334

 

 

 

99,943

 

Basic earnings per share

$

0.31

 

 

$

0.29

 

 

$

0.46

 

 

$

3.01

 

Diluted earnings per share

$

0.31

 

 

$

0.29

 

 

$

0.46

 

 

$

2.99

 

The following table sets forth the selected quarterly financial data for each of the quarters in 2016 (in thousands, except per share amounts):

 

 

Quarter Ended

 

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

 

2016

 

 

2016

 

 

2016

 

 

2016

 

Year Ended December 31, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

$

805,859

 

 

$

855,557

 

 

$

932,814

 

 

$

978,560

 

Gross margin

 

108,387

 

 

 

114,490

 

 

 

111,454

 

 

 

120,454

 

Operating income

 

28,843

 

 

 

34,297

 

 

 

29,855

 

 

 

30,839

 

Net income

 

17,965

 

 

 

20,671

 

 

 

17,924

 

 

 

18,244

 

Basic earnings per share

$

0.51

 

 

$

0.61

 

 

$

0.54

 

 

$

0.55

 

Diluted earnings per share

$

0.51

 

 

$

0.61

 

 

$

0.54

 

 

$

0.55