Annual report pursuant to Section 13 and 15(d)

Summary of Unaudited Quarterly Financial Information (Tables)

v3.8.0.1
Summary of Unaudited Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following financial information reflects all normal recurring adjustments, which are, in the opinion of management, necessary for a fair statement of the results and cash flows of interim periods. Summarized quarterly data for 2017 and 2016 are as follows (in thousands, except per share amounts):
 
First Quarter
 
Second Quarter
 
 Third Quarter
 
Fourth Quarter
2016
 
 
 
 
 
 
 
Total revenues
$
29,648

 
$
19,521

 
$
21,619

 
$
38,185

Total operating costs and expenses
14,552

 
15,552

 
16,153

 
18,831

Income tax (expense) benefit
(3,694
)
 
3,881

 
(160
)
 
(10,354
)
Net income (loss)
6,608

 
(6,170
)
 
1,051

 
(3,125
)
Basic per share amounts:
 
 
 
 
 
 
 
     Net income (loss)
$
0.32

 
$
(0.30
)
 
$
0.05

 
$
0.15

Diluted per share amounts:
 
 
 
 
 
 
 
     Net income (loss)
$
0.30

 
$
(0.30
)
 
$
0.05

 
$
0.15

 
 
 
 
 
 
 
 
Weighted average shares—basic
20,708

 
20,832

 
20,887

 
20,898

Weighted average shares—diluted
22,284

 
20,832

 
22,997

 
20,898

 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
Total revenues
$
29,267

 
$
27,995

 
$
33,375

 
$
50,465

Total operating costs and expenses
19,051

 
14,980

 
16,882

 
22,113

Income tax (expense) benefit
(1,114
)
 
(2,242
)
 
(3,645
)
 
(37,674
)
Net Income (loss)
5,079

 
6,058

 
8,426

 
(7,007
)
Basic per share amounts:
 
 
 
 
 
 
 
Net income
$
0.24

 
$
0.29

 
$
0.40

 
$
(0.33
)
Diluted per share amounts:
 
 
 
 
 
 
 
Net income
$
0.22

 
$
0.26

 
$
0.36

 
$
(0.33
)
 
 
 
 
 
 
 
 
Weighted average shares—basic
20,938

 
21,013

 
21,071

 
21,109

Weighted average shares—diluted
23,019

 
23,216

 
23,551

 
21,109