XML 71 R49.htm IDEA: XBRL DOCUMENT v3.10.0.1
Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Summarized quarterly financial data for the years ended December 31, 2018 and 2017 is set forth below (in thousands, except per share data).
 
First
 
Second
 
Third
 
Fourth
 
 
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Total
2018
 
 
 
 
 
 
 
 
 
Revenue
$
115,569

 
$
132,085

 
$
128,986

 
$
145,853

 
$
522,493

Gross profit (1)
8,896

 
21,331

 
20,204

 
24,311

 
74,742

Operating loss
(34,907
)
 
(23,782
)
 
(13,591
)
 
(20,601
)
 
(92,881
)
Net loss
(42,073
)
 
(25,763
)
 
(6,999
)
 
(15,898
)
 
(90,733
)
Loss per common share: (4)
 
 
 
 
 
 
 
 
 
Basic and diluted
$
(0.19
)
 
$
(0.12
)
 
$
(0.03
)
 
$
(0.07
)
 
$
(0.41
)
 
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
 
Revenue
$
110,731

 
$
117,659

 
$
108,083

 
$
118,322

 
$
454,795

Gross profit (1)
8,827

 
11,811

 
9,411

 
7,141

 
37,190

Operating loss (2)
(36,610
)
 
(33,966
)
 
(35,080
)
 
(109,086
)
 
(214,742
)
Net income (loss) (3)
(26,663
)
 
(25,950
)
 
2,296

 
(109,140
)
 
(159,457
)
Income (loss) per common share: (4)
 
 
 
 
 
 
 
 
 
Basic and diluted
$
(0.12
)
 
$
(0.12
)
 
$
0.01

 
$
(0.49
)
 
$
(0.72
)
 
 
(1) 
Gross profit is defined as total revenue less cost of revenues less depreciation and amortization attributed to cost of revenues.
(2) 
Fourth quarter includes inventory impairments of $51.2 million and accounts receivable write-offs of $15.0 million. Please see Note 19—Severance and Other Charges (Credits), net in these Notes to Consolidated Financial Statements.
(3) 
Third quarter includes the impact of the derecognition of the TRA liability. Please see Note 13—Related Party Transactions in these Notes to Consolidated Financial Statements.
(4) 
The sum of the individual quarterly income (losses) per share amounts may not agree with year-to-date net income (loss) per common share as each quarterly computation is based on the weighted average number of common shares outstanding during that period.