Item 8. Financial Statements and Supplementary Data
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The following tables presenting our unaudited quarterly results of operations should be read in conjunction with the Consolidated Financial Statements and related Notes included in Part IV, Item 15 of this annual report on Form 10-K and are incorporated by reference into this Item 8. We have prepared the unaudited information on the same basis as our audited Consolidated Financial Statements. Our operating results for any quarter are not necessarily indicative of results for any future quarters or for a full year.
SUPPLEMENTARY CONSOLIDATED FINANCIAL DATA (UNAUDITED)
Quarter Ended
December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
(In thousands, except per share data)
2020 Consolidated Statements of Operations Data
Total revenues $ 249,202 $ 213,699 $ 199,621 $ 229,686
Gross profit 123,654 96,791 83,225 109,622
Income (loss) from operations 20,214 10,152 (6,991) 12,151
Net income (loss) $ 16,377 $ 8,805 $ (4,299) $ 11,311
Net income (loss) per share:
Basic $ 0.39 $ 0.21 $ (0.10) $ 0.27
Diluted $ 0.37 $ 0.20 $ (0.10) $ 0.26
Quarter Ended
December 31, 2019 September 30, 2019 June 30, 2019 March 31, 2019
(In thousands, except per share data)
2019 Consolidated Statements of Operations Data
Total revenues $ 248,292 $ 228,805 $ 217,413 $ 202,517
Gross profit 123,603 112,147 104,045 97,117
Income from operations 22,182 24,646 18,763 12,761
Net income $ 22,095 $ 19,983 $ 15,976 $ 3,284
Net income per share:
Basic $ 0.53 $ 0.48 $ 0.39 $ 0.08
Diluted $ 0.51 $ 0.46 $ 0.37 $ 0.08
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.
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