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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Selected Quarterly Financial Data (Unaudited)  
Schedule of quarterly financial information

Quarterly financial information for the years ended December 31, 2019 and 2018 is summarized as follows (in thousands, except per share data):

2019

 

    

Q1

    

Q2

    

Q3

    

Q4

 

Revenue

$

538,473

$

650,302

$

706,918

$

719,584

Gross profit (1)

 

106,665

 

120,016

 

142,702

 

132,560

Net income

 

19,866

 

24,173

 

36,233

 

34,052

INCOME PER SHARE:

Basic

$

0.54

$

0.65

$

0.98

$

0.93

Diluted

$

0.53

$

0.65

$

0.98

$

0.92

2018

 

    

Q1

    

Q2

    

Q3

    

Q4

 

Revenue

$

464,941

$

535,043

$

594,536

$

588,359

Gross profit

 

89,053

 

111,183

 

127,868

 

118,175

Net income

 

16,659

 

32,547

 

38,541

 

25,156

INCOME PER SHARE:

Basic

$

0.45

$

0.87

$

1.03

$

0.68

Diluted

$

0.44

$

0.87

$

1.02

$

0.67

(1)In the fourth quarter of 2019, we recorded a $4.8 million gain due to insurance proceeds we received in the fourth quarter related to the ransomware incident that occurred in April 2019.