| Quarterly Results of Operations |
18. QUARTERLY RESULTS OF
OPERATIONS (UNAUDITED)
The following
is a summary of the quarterly results of operations for the years
ended December 31, 2013 and 2012 (in thousands, except per
share data):
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Year ended
December 31, 2013:
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First
Quarter |
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Second
Quarter |
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Third
Quarter |
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Fourth
Quarter |
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Total |
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Net revenue
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$ |
49,087 |
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|
$ |
56,950 |
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|
$ |
57,786 |
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|
$ |
60,093 |
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|
$ |
223,916 |
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Net income (loss)
applicable to common stockholders
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|
(957 |
) |
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|
5,073 |
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(21,384 |
) |
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|
151,093 |
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|
133,825 |
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Net income (loss) per
share, basic
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$ |
(0.01 |
) |
|
$ |
0.06 |
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$ |
(0.24 |
) |
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$ |
1.72 |
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$ |
1.53 |
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Net income (loss) per
share, diluted
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$ |
(0.01 |
) |
|
$ |
0.06 |
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|
$ |
(0.24 |
) |
|
$ |
1.67 |
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$ |
1.50 |
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Year ended
December 31, 2012:
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First
Quarter |
|
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Second
Quarter |
|
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Third
Quarter |
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Fourth
Quarter |
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Total |
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Net revenue
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$ |
46,524 |
|
|
$ |
54,491 |
|
|
$ |
58,486 |
|
|
$ |
63,752 |
|
|
$ |
223,253 |
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Net income (loss)
applicable to common stockholders
|
|
|
(3,395 |
) |
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|
2,066 |
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|
7,233 |
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|
7,697 |
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|
13,601 |
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Net income (loss) per
share, basic and diluted
|
|
$ |
(0.04 |
) |
|
$ |
0.02 |
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$ |
0.08 |
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|
$ |
0.09 |
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|
$ |
0.16 |
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