SELECTED QUARTERLY FINANCIAL DATA (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

The following table contains quarterly financial information for the years 2020 and 2019. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair statement of the information for the periods presented.


(in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2020
Total revenue	$	109,148	$	28,924	$	116,624	$	118,096
Total operating costs and expenses	112,317		49,887		93,241		135,733
(Loss) income from operations	(3,169)		(20,963)		23,383		(17,637)
Total other expense, net	(11,373)		(15,110)		(16,908)		(13,034)
(Loss) income before provision for income taxes	(14,542)		(36,073)		6,475		(30,671)
Benefit for income taxes	(5,664)		(12,518)		(248)		(50,894)
Net (loss) income	(8,878)		(23,555)		6,723		20,223

Net (loss) income per share
Basic	$	(0.28)	$	(0.77)	$	0.22	$	0.62
Diluted	$	(0.28)	$	(0.77)	$	0.22	$	0.61

2019
Total revenue	$	120,631	$	143,218	$	129,309	$	130,419
Total operating costs and expenses	90,324		109,372		107,858		101,397
Income from operations	30,307		33,846		21,451		29,022
Total other expense, net	(7,038)		(10,521)		(10,650)		(11,237)
Income before provision for income taxes	23,269		23,325		10,801		17,785
Provision for income taxes	5,673		6,145		3,802		4,430
Net income	17,596		17,180		6,999		13,355

Net income per share
Basic	$	0.46	$	0.42	$	0.19	$	0.40
Diluted	$	0.46	$	0.42	$	0.18	$	0.40