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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Data [Abstract]  
Summary of Quarterly Results of Operations This table includes all adjustments, consisting of normal recurring adjustments that we consider necessary for a fair presentation of our consolidated financial position and operating results for the quarters presented.

 

 

2021

 

(In thousands, except per share data, unaudited)

 

December 31

 

 

September 30

 

 

June 30

 

 

March 31

 

Revenue

 

$

867,540

 

 

$

540,287

 

 

$

378,647

 

 

$

283,972

 

Gross profit

 

 

70,292

 

 

 

53,122

 

 

 

50,864

 

 

 

33,537

 

Income from operations

 

 

3,335

 

 

 

3,458

 

 

 

11,529

 

 

 

1,444

 

Net income (loss)

 

 

12,806

 

 

 

(15,303

)

 

 

9,190

 

 

 

(233

)

Net income (loss) per share, basic (1)

 

$

0.05

 

 

$

(0.13

)

 

$

0.15

 

 

$

0.00

 

Net income (loss) per share, diluted (1)

 

$

0.05

 

 

$

(0.13

)

 

$

0.04

 

 

$

0.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

(In thousands, except per share data, unaudited)

 

December 31

 

 

September 30

 

 

June 30

 

 

March 31

 

Revenue

 

$

223,230

 

 

$

186,365

 

 

$

287,007

 

 

$

367,655

 

Gross profit

 

 

25,255

 

 

 

19,765

 

 

 

17,861

 

 

 

24,898

 

Income (loss) from operations

 

 

424

 

 

 

(1,921

)

 

 

(5,240

)

 

 

(7,021

)

Net loss

 

 

(1,319

)

 

 

(2,944

)

 

 

(7,390

)

 

 

(11,465

)

Net loss per share, basic (1)

 

$

(0.02

)

 

$

(0.05

)

 

$

(0.13

)

 

$

(0.20

)

Net loss per share, diluted (1)

 

$

(0.02

)

 

$

(0.05

)

 

$

(0.13

)

 

$

(0.20

)

 

(1)
Basic and diluted net income (loss) per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly basic and diluted net income (loss) per share may not equal annual basic and diluted income (loss) per share.