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Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data (Unaudited) | Note 20. Quarterly Financial Data (Unaudited) The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2019 and 2018 (in thousands, except per share amounts).
|  | 2019 |
|  | March 31, |  |  | June 30, |  |  | September 30, |  |  | December 31, |
Revenue |  | $ | 269,998 |  |  | $ | 235,498 |  |  | $ | 239,790 |  |  | $ | 203,138 |
Operating expenses |  |  | 215,496 |  |  |  | 198,148 |  |  |  | 209,146 |  |  |  | 200,706 |
Gross margin |  |  | 54,502 |  |  |  | 37,350 |  |  |  | 30,644 |  |  |  | 2,432 |
Corporate general and administrative expenses |  |  | 11,680 |  |  |  | 10,566 |  |  |  | 11,670 |  |  |  | 10,490 |
Operating income |  |  | 42,822 |  |  |  | 26,784 |  |  |  | 18,974 |  |  |  | (8,058 | )
Other (expense) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (1,401 | ) |  |  | (1,587 | ) |  |  | (1,521 | ) |  |  | (1,256 | )
Gain on sale of operations, net |  |  | 497 |  |  |  | 50 |  |  |  | (145 | ) |  |  | 15 |
Other (expense) income, net |  |  | 9,260 |  |  |  | (3,311 | ) |  |  | 6,767 |  |  |  | 4,999 |
Total other (expense) income, net |  |  | 8,356 |  |  |  | (4,848 | ) |  |  | 5,101 |  |  |  | 3,758 |
Income (loss) from continuing operations before income tax expense |  |  | 51,178 |  |  |  | 21,936 |  |  |  | 24,075 |  |  |  | (4,300 | )
Income tax expense (benefit) |  |  | 13,613 |  |  |  | 5,322 |  |  |  | 6,069 |  |  |  | (3,164 | )
Income (loss) from continuing operations |  |  | 37,565 |  |  |  | 16,614 |  |  |  | 18,006 |  |  |  | (1,136 | )
Gain (loss) from operations of discontinued operations, net of tax |  |  | (96 | ) |  |  | (22 | ) |  |  | (200 | ) |  |  | (17 | )
Net income (loss) |  | $ | 37,469 |  |  | $ | 16,592 |  |  | $ | 17,806 |  |  | $ | (1,153 | )
Earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.69 |  |  | $ | 0.31 |  |  | $ | 0.33 |  |  | $ | (0.02 | )
Discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net income (loss) |  | $ | 0.69 |  |  | $ | 0.31 |  |  | $ | 0.33 |  |  | $ | (0.02 | )
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.67 |  |  | $ | 0.30 |  |  | $ | 0.32 |  |  | $ | (0.02 | )
Discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net income (loss) |  | $ | 0.67 |  |  | $ | 0.30 |  |  | $ | 0.32 |  |  | $ | (0.02 | )
Basic weighted average common shares |  |  | 54,287 |  |  |  | 54,090 |  |  |  | 54,268 |  |  |  | 54,547 |
Diluted weighted average common shares |  |  | 55,915 |  |  |  | 55,495 |  |  |  | 55,816 |  |  |  | 54,547 |
|  | 2018 |
|  | March 31, |  |  | June 30, |  |  | September 30, |  |  | December 31, |
Revenue |  | $ | 266,090 |  |  | $ | 232,641 |  |  | $ | 224,249 |  |  | $ | 199,023 |
Operating expenses |  |  | 204,750 |  |  |  | 205,102 |  |  |  | 198,607 |  |  |  | 181,824 |
Gross margin |  |  | 61,340 |  |  |  | 27,539 |  |  |  | 25,642 |  |  |  | 17,199 |
Corporate general and administrative expenses |  |  | 10,028 |  |  |  | 9,993 |  |  |  | 10,279 |  |  |  | 8,873 |
Operating income (loss) |  |  | 51,312 |  |  |  | 17,546 |  |  |  | 15,363 |  |  |  | 8,326 |
Other income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (1,780 | ) |  |  | (1,817 | ) |  |  | (1,614 | ) |  |  | (1,434 | )
Gain on sale of operations, net |  |  | 663 |  |  |  | — |  |  |  | — |  |  |  | 362 |
Other income, net |  |  | (1,229 | ) |  |  | 630 |  |  |  | 3,143 |  |  |  | (9,631 | )
Total other income, net |  |  | (2,346 | ) |  |  | (1,187 | ) |  |  | 1,529 |  |  |  | (10,703 | )
Income from continuing operations before income tax expense |  |  | 48,966 |  |  |  | 16,359 |  |  |  | 16,892 |  |  |  | (2,377 | )
Income tax expense (benefit) |  |  | 13,156 |  |  |  | 3,238 |  |  |  | 3,297 |  |  |  | (1,424 | )
Income from continuing operations |  |  | 35,810 |  |  |  | 13,121 |  |  |  | 13,595 |  |  |  | (953 | )
(Loss) gain from operations of discontinued operations, net of tax |  |  | 41 |  |  |  | (15 | ) |  |  | (9 | ) |  |  | (20 | )
Net income |  | $ | 35,851 |  |  | $ | 13,106 |  |  | $ | 13,586 |  |  | $ | (973 | )
Earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.66 |  |  | $ | 0.24 |  |  | $ | 0.25 |  |  | $ | (0.02 | )
Discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net income |  | $ | 0.66 |  |  | $ | 0.24 |  |  | $ | 0.25 |  |  | $ | (0.02 | )
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.64 |  |  | $ | 0.23 |  |  | $ | 0.24 |  |  | $ | (0.02 | )
Discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net income |  | $ | 0.64 |  |  | $ | 0.23 |  |  | $ | 0.24 |  |  | $ | (0.02 | )
Basic weighted average common shares |  |  | 54,071 |  |  |  | 54,594 |  |  |  | 54,794 |  |  |  | 54,775 |
Diluted weighted average common shares |  |  | 55,924 |  |  |  | 56,437 |  |  |  | 56,740 |  |  |  | 54,775 |
Quarterly earnings per share amounts do not always add to the full-year amounts due to the averaging of common shares outstanding.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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