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QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED) QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
The following is a summary of certain items in the consolidated statements of operations by quarter: 
Fiscal Year 2020First
Quarter		Second
Quarter		Third
Quarter		Fourth
Quarter
Revenues$182,910 $188,767 $202,667 $200,240 
Operating income $7,012 $17,444 $20,633 $14,208 
Net income$959 $12,113 $15,117 $62,917 
Earnings per common share:
Basic weighted average common shares outstanding48,005 48,348 48,370 50,436 
Basic earnings per share$0.02 $0.25 $0.31 $1.25 
Diluted weighted average common shares outstanding48,262 48,563 48,619 50,719 
Diluted earnings per share$0.02 $0.25 $0.31 $1.24 
Fiscal Year 2019First
Quarter		Second
Quarter		Third
Quarter		Fourth
Quarter
Revenues$163,664 $187,459 $198,547 $193,619 
Operating income $4,442 $15,544 $18,485 $14,604 
Net (loss) income$(1,714)$11,915 $12,386 $9,066 
Earnings per common share:
Basic weighted average common shares outstanding45,913 47,464 47,690 47,811 
Basic earnings per share$(0.04)$0.25 $0.26 $0.19 
Diluted weighted average common shares outstanding45,913 48,221 48,361 48,583 
Diluted earnings per share$(0.04)$0.25 $0.26 $0.19 
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 retail activity during the holiday season.
In the fourth quarter of fiscal year 2020, we unwound the valuation allowance on the majority of our net operating loss carryforwards and other deferred tax assets as of December 31, 2020, resulting in an increase in a benefit for income taxes of $(53,644) in the three months ended December 31, 2020.