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Selected Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Information (Unaudited) | Selected Quarterly Financial Information (Unaudited) Selected quarterly financial information for the years ended December 31, 2020 and 2019 are as follows (in thousands, except per share amounts):
| First |  | Second |  | Third |  | Fourth |  | Total
| Quarter |  | Quarter |  | Quarter |  | Quarter |  | Year
2020 |  |  |  |  |  |  |  |  |
Total revenues | $ | 194,690 |  |  | $ | 184,290 |  |  | $ | 202,997 |  |  | $ | 219,567 |  |  | $ | 801,544 |
Gross profit | 157,431 |  |  | 147,585 |  |  | 160,369 |  |  | 169,004 |  |  | 634,389 |
Income from operations | 45,961 |  |  | 44,591 |  |  | 5,323 |  | (2) | 54,275 |  |  | 150,150 |
Provision for income taxes | 7,176 |  |  | 4,264 |  |  | 10,705 |  |  | 16,480 |  |  | 38,625 |
Net income | $ | 29,669 |  |  | $ | 39,076 |  |  | $ | 5,844 |  | (2) | $ | 51,932 |  |  | $ | 126,521 |
Net income per share, basic (1) | $ | 0.10 |  |  | $ | 0.14 |  |  | $ | 0.02 |  | (2) | $ | 0.17 |  |  | $ | 0.44 |
Net income per share, diluted (1) | $ | 0.10 |  |  | $ | 0.13 |  |  | $ | 0.02 |  | (2) | $ | 0.17 |  |  | $ | 0.42 |
2019 |  |  |  |  |  |  |  |  |
Total revenues | $ | 177,539 |  |  | $ | 169,605 |  |  | $ | 186,588 |  |  | $ | 202,922 |  |  | $ | 736,654 |
Gross profit | 144,972 |  |  | 132,974 |  |  | 151,537 |  |  | 163,021 |  |  | 592,504 |
Income from operations | 38,290 |  |  | 19,468 |  |  | 41,402 |  |  | 42,705 |  |  | 141,865 |
Provision for income taxes | 4,318 |  |  | 801 |  |  | 6,640 |  |  | 11,979 |  |  | 23,738 |
Net income | $ | 26,437 |  |  | $ | 19,981 |  |  | $ | 20,427 |  |  | $ | 36,251 |  |  | $ | 103,096 |
Net income per share, basic (1) | $ | 0.09 |  |  | $ | 0.07 |  |  | $ | 0.07 |  |  | $ | 0.13 |  |  | $ | 0.36 |
Net income per share, diluted (1) | $ | 0.09 |  |  | $ | 0.07 |  |  | $ | 0.07 |  |  | $ | 0.13 |  |  | $ | 0.35 |
(1)Net income per share was computed independently for each of the periods presented; therefore the sum of the net income per share amount for the quarters may not equal the total year. (2)During the third quarter of 2020, the Company recorded $15,445 total pre‑tax stock‑based compensation expense related to the restricted stock and RSUs that vested as a result of the IPO and $26,130 of pre‑tax expenses associated with the IPO.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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