Annual report pursuant to Section 13 and 15(d)

Summary of Quarterly Financial Data (Unaudited) (Tables)

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Summary of Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Consolidated Statements of Income by Quarter
The following table summarizes our results of operations as presented in the accompanying consolidated statements of income by quarter for 2019 and 2018:
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
(In thousands, except per share data)
Year Ended December 31, 2019
Total revenues (1) $ 2,389,138    $ 2,614,081    $ 2,702,720    $ 2,748,404   
Gross profit (1) $ 359,011    $ 381,311    $ 386,811    $ 393,884   
Net income (loss) (2) $ 42,221    $ 26,599    $ 29,010    $ 46,307   
Earnings (loss) per common share - Basic (2) (3) $ 0.98    $ 0.62    $ 0.67    $ 1.07   
Earnings (loss) per common share - Diluted (2) (3) $ 0.98    $ 0.61    $ 0.66    $ 1.04   
Year Ended December 31, 2018
Total revenues (1) $ 2,400,773    $ 2,505,749    $ 2,470,849    $ 2,574,259   
Gross profit (1) $ 352,499    $ 362,375    $ 360,536    $ 370,715   
Net income (loss) (2) $ (2,194)   $ 16,905    $ 15,118    $ 21,821   
Earnings (loss) per common share - Basic (2) (3) $ (0.05)   $ 0.40    $ 0.35    $ 0.51   
Earnings (loss) per common share - Diluted (2) (3) $ (0.05)   $ 0.39    $ 0.35    $ 0.51   
(1) Results are for continuing operations.
(2) Results include both continuing operations and discontinued operations.
(3) The sum of net income per common share for the quarters may not equal the full year amount due to weighted average common shares being calculated on a quarterly versus annual basis.