| Quarterly Financial Information |
| | | | | | | | | | | | | | | | | | | | | | | | | Quarters Ended | | | | | | | | December 31 | | September 30 | | June 30 | | March 31 | | (amounts in thousands, except per share data) | | | | | | | | 2019 | | | | | | | | | Net revenues | $ | 414,118 | | | $ | 386,141 | | | $ | 380,665 | | | $ | 309,005 | | | Operating income | $ | (455,492) | | | $ | 79,490 | | | $ | 64,762 | | | $ | 30,383 | | | Net income (loss) available to the Company from continuing operations | $ | (487,537) | | | $ | 38,208 | | | $ | 25,992 | | | $ | 3,125 | | | Preferred stock dividend | $ | — | | | $ | — | | | $ | — | | | $ | — | | | Net income available to common shareholders from continuing operations | $ | (487,537) | | | $ | 38,208 | | | $ | 25,992 | | | $ | 3,125 | | | Income (loss) from discontinued operations, net of income taxes | $ | — | | | $ | — | | | $ | — | | | $ | — | | | Net income (loss) available to common shareholders | $ | (487,537) | | | $ | 38,208 | | | $ | 25,992 | | | $ | 3,125 | | Net income (loss) from continuing operations per share - basic (1) | $ | (3.64) | | | $ | 0.28 | | | $ | 0.19 | | | $ | 0.02 | | Net income (loss) from discontinued operations, net of tax, per share - basic (1) | $ | — | | | $ | — | | | $ | — | | | $ | — | | Net income (loss) available to common shareholders per share - basic (1) | $ | (3.64) | | | $ | 0.28 | | | $ | 0.19 | | | $ | 0.02 | | | Weighted average common shares outstanding - basic | 133,985 | | | 136,449 | | | 138,760 | | | 138,099 | | Net income (loss) from continuing operations per share - diluted (1) | $ | (3.64) | | | $ | 0.28 | | | $ | 0.19 | | | $ | 0.02 | | Net income (loss) from discontinued operations, net of tax, per share - diluted (1) | $ | — | | | $ | — | | | $ | — | | | $ | — | | Net income (loss) available to common shareholders per share - diluted (1) | $ | (3.64) | | | $ | 0.28 | | | $ | 0.19 | | | $ | 0.02 | | | Weighted average common shares outstanding - diluted | 133,985 | | | 136,453 | | | 139,074 | | | 138,523 | | | Preferred stock dividends declared and paid | $ | — | | | $ | — | | | $ | — | | | $ | — | | | Common stock dividends declared and paid | $ | 2,679 | | | $ | 2,677 | | | $ | 12,487 | | | $ | 12,430 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Quarters Ended | | | | | | | | December 31 | | September 30 | | June 30 | | March 31 | | (amounts in thousands, except per share data) | | | | | | | | 2018 | | | | | | | | | Net revenues | $ | 411,375 | | | $ | 378,508 | | | $ | 372,124 | | | $ | 300,560 | | | Operating income | $ | (377,593) | | | $ | 78,733 | | | $ | 27,552 | | | $ | 5,689 | | | Income (loss) available to the Company from continuing operations | $ | (386,568) | | | $ | 36,590 | | | $ | 1,597 | | | $ | (14,206) | | | Preferred stock dividend | $ | — | | | $ | — | | | $ | — | | | $ | — | | | Net income available to common shareholders from continuing operations | $ | (386,568) | | | $ | 36,590 | | | $ | 1,597 | | | $ | (14,206) | | | Income (loss) from discontinued operations, net of income taxes | $ | (378) | | | $ | 358 | | | $ | 844 | | | $ | 328 | | | Net income (loss) available to common shareholders | $ | (386,946) | | | $ | 36,948 | | | $ | 2,441 | | | $ | (13,878) | | Net income (loss) from continuing operations per share - basic (1) | $ | (2.80) | | | $ | 0.26 | | | $ | 0.01 | | | $ | (0.10) | | Net income (loss) from discontinued operations, net of tax, per share - basic (1) | $ | — | | | $ | — | | | $ | — | | | $ | — | | Net income (loss) available to common shareholders per share - basic (1) | $ | (2.80) | | | $ | 0.27 | | | $ | 0.02 | | | $ | (0.10) | | | Weighted average common shares outstanding - basic | 138,033 | | | 138,740 | | | 138,639 | | | 138,939 | | Net income (loss) from continuing operations per share - diluted (1) | $ | (2.80) | | | $ | 0.26 | | | $ | 0.01 | | | $ | (0.10) | | Net income (loss) from discontinued operations, net of tax, per share - diluted (1) | $ | — | | | $ | — | | | $ | — | | | $ | — | | Net income (loss) available to common shareholders per share - diluted (1) | $ | (2.80) | | | $ | 0.27 | | | $ | 0.02 | | | $ | (0.10) | | | Weighted average common shares outstanding - diluted | 138,033 | | | 139,103 | | | 139,263 | | | 138,939 | | | Preferred stock dividends declared and paid | $ | — | | | $ | — | | | $ | — | | | $ | — | | | Common stock dividends declared and paid | $ | 12,367 | | | $ | 12,486 | | | $ | 12,475 | | | $ | 12,441 | |
_______________ (1) Income (loss) from continuing operations per share, income (loss) from discontinued operations per share, and net income (loss) per share are computed independently for each quarter and the full year based upon respective average shares outstanding. Therefore, the sum of the quarterly per share amounts may not equal the annual per share amounts reported.
|