v3.8.0.1
Quarterly Financial Information
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information
Quarterly Financial Information (Unaudited)
The following is a summary of the quarterly results of operations for the years ended December 31, 2017 and 2016 (in millions except per share data):
 
 
For the Three Months Ended
 
 
December 31
 
September 30
 
June 30
 
March 31
Year ended December 31, 2017
 
 
 
 
 
 
 
 
Revenues
 
$
221.0

 
$
184.6

 
$
170.6

 
$
142.3

Gross profit
 
153.5

 
127.0

 
117.5

 
94.1

Total operating expenses
 
141.5

 
127.5

 
131.1

 
134.5

Net income (loss)
 
(9.4
)
 
(2.0
)
 
2.9

 
(41.7
)
Basic and diluted net income (loss) per share (a)
 
$
(0.11
)
 
$
(0.02
)
 
$
0.03

 
$
(0.49
)
Year ended December 31, 2016
 
 
 
 
 
 
 
 
Revenues
 
$
171.2

 
$
148.6

 
$
137.3

 
$
116.2

Gross profit
 
116.7

 
101.1

 
85.5

 
75.1

Total operating expenses
 
122.8

 
119.6

 
105.6

 
94.3

Net loss
 
(7.4
)
 
(18.8
)
 
(20.2
)
 
(19.2
)
Basic and diluted net loss per share (a)
 
$
(0.09
)
 
$
(0.22
)
 
$
(0.24
)
 
$
(0.23
)
(a) Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.