

19.	Quarterly Financial Information

The following table summarizes the unaudited quarterly results of operations for 2018 and 2017 (amounts in thousands, except per share data):



	2018 Quarters Ended (unaudited)
	March 31		June 30		September 30		December 31		Total
Revenues	$	222,492	$	268,734	$	291,266	$	255,175	$	1,037,667
Gross profit	20,594		31,465		31,531		26,742		110,332
Income before income taxes and earnings attributable to noncontrolling interests	3,721		9,240		11,579		6,738		31,278
Net income attributable to Sterling common stockholders	$	2,489	$	8,176	$	8,915	$	5,607	$	25,187
Net income per share attributable to Sterling common stockholders:
Basic	$	0.09	$	0.30	$	0.33	$	0.22	$	0.94
Diluted	$	0.09	$	0.30	$	0.33	$	0.21	$	0.93



	2017 Quarters Ended (unaudited)
	March 31			June 30		September 30		December 31		Total
Revenues	$	153,416		$	246,412	$	304,219	$	253,911	$	957,958
Gross profit	9,287			25,205		30,631		23,969		89,092
Income (loss) before income taxes and earnings attributable to noncontrolling interests	(1,859		)	4,661		9,170		3,963		15,935
Net income (loss) attributable to Sterling common stockholders	$	(2,257	)	$	3,662	$	7,132	$	3,080	$	11,617
Net income (loss) per share attributable to Sterling common stockholders:
Basic	$	(0.09	)	$	0.14	$	0.27	$	0.11	$	0.44
Diluted	$	(0.09	)	$	0.13	$	0.26	$	0.11	$	0.43

The Company’s operating revenues tend to be somewhat higher in the summer months which are typically due to holiday schedules and warmer and dryer weather conditions. Our second and third quarter revenues and results of operations typically reflect these seasonal trends. However, from time to time, the Company’s operating results are significantly affected by certain transactions or events that management believes are not indicative or representative of our results. As of April 3rd, Tealstone's results are included in the results for the remainder of 2017.