Quarterly Financial Information

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

20.

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

The following is a summary of certain items in the consolidated statements of operations by quarter. The impact of discontinued operations, as described in Note 16, Divestiture Transactions and Discontinued Operations is included in all periods in the tables below.


Fiscal Year 2015	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Revenues	$	116,577		$	143,714	$	146,185	$	140,024
Operating income	$	3,126		$	11,342	$	12,696	$	4,702
Net (loss) income	$	(7,963	)	$	943	$	2,259	$	(7,020	)
(Loss) income attributable to common stockholders from continuing operations	$	(9,271	)	$	1,025	$	2,296	$	(7,019	)
Net (loss) income attributable to common stockholders	$	(9,271	)	$	1,025	$	2,296	$	(7,019	)
Earnings per common share:									—
Basic and diluted:									—
(Loss) income attributable to common stockholders from continuing operations	$	(0.23	)	$	0.03	$	0.06	$	(0.17	)
Net (loss) income attributable to common stockholders	$	(0.23	)	$	0.03	$	0.06	$	(0.17	)


Transition Period 2014	First Quarter			Second Quarter		Two Months Ended December 31, 2014
Revenues	$	141,387		$	141,341	$	85,646
Operating income	$	9,338		$	10,064	$	2,708
Net (loss) income	$	(154	)	$	361	$	(6,017	)
(Loss) income attributable to common stockholders from continuing operations	$	(290	)	$	259	$	(5,987	)
Net (loss) income attributable to common stockholders	$	(290	)	$	259	$	(5,987	)
Earnings common share:
Basic and diluted:
(Loss) income attributable to common stockholders from continuing operations	$	(0.01	)	$	0.01	$	(0.15	)
Net (loss) income attributable to common stockholders	$	(0.01	)	$	0.01	$	(0.15	)


Fiscal Year 2014	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenues	$	128,558		$	132,296		$	117,852		$	118,927
Operating income (loss)	$	9,737		$	9,450		$	(1,298	)	$	(5,973	)
Net loss	$	(163	)	$	(575	)	$	(11,033	)	$	(15,633	)
Loss attributable to common stockholders from continuing operations	$	(142	)	$	(294	)	$	(10,750	)	$	(11,815	)
Net loss attributable to common stockholders	$	(191	)	$	(339	)	$	(10,750	)	$	(11,815	)
Earnings per common share:
Basic and diluted:
Loss attributable to common stockholders from continuing operations	$	(0.00	)	$	(0.01	)	$	(0.27	)	$	(0.30	)
Net loss attributable to common stockholders	$	(0.00	)	$	(0.01	)	$	(0.27	)	$	(0.30	)


Fiscal Year 2013	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenues	$	117,638		$	116,836		$	112,167		$	108,694
Operating income	$	5,807		$	4,426		$	78		$	2,110
Net loss	$	(8,379	)	$	(21,092	)	$	(11,474	)	$	(13,518	)
Loss attributable to common stockholders from continuing operations	$	(8,155	)	$	(20,732	)	$	(11,079	)	$	(9,696	)
Net loss attributable to common stockholders	$	(8,371	)	$	(20,967	)	$	(11,407	)	$	(13,397	)
Earnings per common share:
Basic and diluted:
Loss attributable to common stockholders from continuing operations	$	(0.30	)	$	(0.67	)	$	(0.28	)	$	(0.25	)
Net loss attributable to common stockholders	$	(0.31	)	$	(0.68	)	$	(0.29	)	$	(0.34	)

Our transfer and disposal revenues historically have been lower from the months of November through March. This seasonality reflects the lower volume of waste during the late fall, winter and early spring months. Since certain of our operating and fixed costs remain constant throughout fiscal year, operating income is impacted by a similar seasonality. In addition, particularly harsh weather conditions typically result in increased operating costs.

Our recycling business experiences increased volumes of newspaper in November and December due to increased newspaper advertising and retail activity during the holiday season.