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SELECTED QUARTERLY FINANCIAL DATA (unaudited)
12 Months Ended
Dec. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (unaudited)
SELECTED QUARTERLY FINANCIAL DATA (unaudited)
The following table contains quarterly financial information for fiscal years 2017 and 2016. The operating results for any quarter are not necessarily indicative of future period results.
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter (1)
 
(in thousands, except per share amounts)
Fiscal Year 2017
 
Total revenue
$
445,763

 
$
469,129

 
$
464,232

 
$
478,477

Gross profit (2)
171,699

 
185,662

 
177,204

 
167,749

Operating income
69,472

 
81,310

 
73,984

 
62,732

Net income (loss) attributable to common shareholders
46,778

 
53,952

 
52,474

 
(29,849
)
Earnings (loss) per common share
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Continuing operations attributable to common shareholders
$
0.98

 
$
1.14

 
$
1.11

 
$
(0.63
)
Discontinued operations
$

 
$

 
$

 
$

Net income (loss) attributable to common shareholders
$
0.98

 
$
1.13

 
$
1.11

 
$
(0.63
)
Diluted:
 
 
 
 
 
 
 
Continuing operations attributable to common shareholders
$
0.97

 
$
1.12

 
$
1.09

 
$
(0.63
)
Discontinued operations
$

 
$

 
$

 
$

Net income (loss) attributable to common shareholders
$
0.97

 
$
1.12

 
$
1.08

 
$
(0.63
)
Fiscal Year 2016
 
 
 
 
 
 
 
Total revenue
$
354,868

 
$
434,055

 
$
425,720

 
$
466,789

Gross profit (2)
140,768

 
169,747

 
156,270

 
179,881

Operating income
51,472

 
58,061

 
58,795

 
69,091

Net income attributable to common shareholders
37,143

 
35,207

 
37,735

 
44,680

Earnings per common share
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Continuing operations attributable to common shareholders
$
0.80

 
$
0.75

 
$
0.79

 
$
0.95

Discontinued operations
$

 
$

 
$
0.01

 
$

Net income attributable to common shareholders
$
0.80

 
$
0.75

 
$
0.80

 
$
0.95

Diluted:
 
 
 
 
 
 
 
Continuing operations attributable to common shareholders
$
0.78

 
$
0.73

 
$
0.78

 
$
0.93

Discontinued operations
$

 
$

 
$
0.01

 
$

Net income attributable to common shareholders
$
0.78

 
$
0.73

 
$
0.79

 
$
0.93

(1) Net loss attributable to common shareholders includes the amounts recorded due to U.S. Tax Reform. See Note 9.
(2) Gross profit is calculated as total revenue minus cost of revenue (excluding amortization of intangible assets).

Full-year amounts may not sum due to rounding.