XML 99 R41.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Quarterly Operating Results (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Operating Results

Quarterly operating results for 2019 and 2018 were as follows:

 

(in thousands, except per share data)

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

619,280

 

 

$

575,219

 

 

$

618,683

 

 

$

578,989

 

Total expenses

 

$

470,760

 

 

$

451,697

 

 

$

466,845

 

 

$

476,940

 

Income before income taxes

 

$

148,520

 

 

$

123,522

 

 

$

151,838

 

 

$

102,049

 

Net income

 

$

113,896

 

 

$

92,593

 

 

$

115,506

 

 

$

76,519

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.41

 

 

$

0.33

 

 

$

0.41

 

 

$

0.27

 

Diluted

 

$

0.40

 

 

$

0.33

 

 

$

0.41

 

 

$

0.27

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

501,461

 

 

$

473,187

 

 

$

530,850

 

 

$

508,748

 

Total expenses

 

$

383,020

 

 

$

372,277

 

 

$

388,350

 

 

$

408,137

 

Income before income taxes

 

$

118,441

 

 

$

100,910

 

 

$

142,500

 

 

$

100,611

 

Net income

 

$

90,828

 

 

$

73,922

 

 

$

106,053

 

 

$

73,452

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.33

 

 

$

0.27

 

 

$

0.38

 

 

$

0.26

 

Diluted

 

$

0.32

 

 

$

0.26

 

 

$

0.38

 

 

$

0.26