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Selected Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information (Unaudited)
SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
The following table presents selected quarterly financial information:
 
Year Ended December 31, 2017
(In thousands, except per share data)
First
 
Second
 
Third
 
Fourth
 
Year
Summary Operating Results:
 
 
 
 
 
 
 
 
 
Net revenues
$
605,342

 
$
599,868

 
$
587,665

 
$
590,832

 
$
2,383,707

Operating income
94,868

 
89,361

 
78,665

 
80,601

 
343,495

 
 
 
 
 
 
 
 
 
 
Income from continuing operations, net of tax
$
35,114

 
$
27,561

 
$
22,976

 
$
82,150

 
$
167,801

Income from discontinued operations, net of tax
375

 
21,017

 

 

 
21,392

Net income
$
35,489

 
$
48,578

 
$
22,976

 
$
82,150

 
$
189,193

 
 
 
 
 
 
 
 
 
 
Basic net income per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.31

 
$
0.24

 
$
0.20

 
$
0.72

 
$
1.46

Discontinued operations

 
0.18

 

 

 
0.19

Basic net income per common share
$
0.31

 
$
0.42

 
$
0.20

 
$
0.72

 
$
1.65

Diluted net income per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.31

 
$
0.24

 
$
0.20

 
$
0.71

 
$
1.45

Discontinued operations

 
0.18

 

 

 
0.19

Diluted net income per common share
$
0.31

 
$
0.42

 
$
0.20

 
$
0.71

 
$
1.64


 
Year Ended December 31, 2016
(In thousands, except per share data)
First
 
Second
 
Third
 
Fourth
 
Year
Summary Operating Results:
 
 
 
 
 
 
 
 
 
Net revenues
$
552,378

 
$
544,874

 
$
531,901

 
$
554,823

 
$
2,183,976

Operating income
82,250

 
80,490

 
67,916

 
29,971

 
260,627

 
 
 
 
 
 
 
 
 
 
Income from continuing operations, net of tax
$
21,560

 
$
11,307

 
$
161,864

 
$
10,742

 
$
205,473

Income from discontinued operations, net of tax
11,630

 
18,715

 
180,707

 
1,478

 
212,530

Net income
$
33,190

 
$
30,022

 
$
342,571

 
$
12,220

 
$
418,003

 
 
 
 
 
 
 
 
 
 
Basic net income per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.19

 
$
0.10

 
$
1.41

 
$
0.10

 
$
1.79

Discontinued operations
0.10

 
0.16

 
1.58

 
0.01

 
1.86

Basic net income per common share
$
0.29

 
$
0.26

 
$
2.99

 
$
0.11

 
$
3.65

Diluted net income per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.19

 
$
0.10

 
$
1.40

 
$
0.10

 
$
1.78

Discontinued operations
0.10

 
0.16

 
1.57

 
0.01

 
1.85

Diluted net income per common share
$
0.29

 
$
0.26

 
$
2.97

 
$
0.11

 
$
3.63