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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Note 22 — Quarterly Financial Information (Unaudited) In addition to being affected by the timing of oil and gas company expenditures, offshore marine construction activities may fluctuate as a result of weather conditions. Historically, a substantial portion of our services has been performed during the summer and fall months. As a result, a disproportionate portion of our revenues and net income is earned during such periods. The following is a summary of consolidated quarterly financial information (in thousands, except per share amounts):
| Quarter Ended
| March 31, |  | June 30, |  | September 30, |  | December 31,
2019 |  |  |  |  |  |  |
Net revenues | $ | 166,823 |  |  | $ | 201,728 |  |  | $ | 212,609 |  |  | $ | 170,749 |
Gross profit | 16,254 |  |  | 39,934 |  |  | 55,074 |  |  | 26,576 |
Net income | 1,318 |  |  | 16,823 |  |  | 31,622 |  |  | 7,934 |
Net income attributable to common shareholders | 1,318 |  |  | 16,854 |  |  | 31,695 |  |  | 8,052 |
Basic earnings per common share | $ | 0.01 |  |  | $ | 0.11 |  |  | $ | 0.21 |  |  | $ | 0.05 |
Diluted earnings per common share | $ | 0.01 |  |  | $ | 0.11 |  |  | $ | 0.21 |  |  | $ | 0.05 |
2018 |  |  |  |  |  |  |
Net revenues | $ | 164,262 |  |  | $ | 204,625 |  |  | $ | 212,575 |  |  | $ | 158,356 |
Gross profit | 12,983 |  |  | 42,897 |  |  | 51,993 |  |  | 13,811 |
Net income (loss) | (2,560 | ) |  | 17,784 |  |  | 27,121 |  |  | (13,747 | )
Net income (loss) attributable to common shareholders | (2,560 | ) |  | 17,784 |  |  | 27,121 |  |  | (13,747 | )
Basic earnings (loss) per common share | $ | (0.02 | ) |  | $ | 0.12 |  |  | $ | 0.18 |  |  | $ | (0.09 | )
Diluted earnings (loss) per common share | $ | (0.02 | ) |  | $ | 0.12 |  |  | $ | 0.18 |  |  | $ | (0.09 | )

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- References No definition available. + Details
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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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