Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited) (Tables)

v3.8.0.1
Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
The following table summarizes quarterly financial data for the years ended December 31, 2017 and 2016:
 
 
2017
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(In thousands)
Revenues
 
$
333,004

 
$
323,953

 
$
265,498

 
$
397,848

Income from operations
 
181,683

 
143,175

 
50,483

 
173,025

Income tax expense (benefit)
 
—

 
—

 
2,763

 
(954
)
Net income
 
154,455

 
105,936

 
18,235

 
156,526

Income per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.91

 
$
0.58

 
$
0.10

 
$
0.85

Diluted
 
$
0.91

 
$
0.58

 
$
0.10

 
$
0.85

 
 
 
 
 
 
 
 
 
 
 
2016
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(In thousands)
Revenues
 
$
156,961

 
$
(28,158
)
 
$
193,691

 
$
63,416

Loss from operations
 
(195,794
)
 
(323,412
)
 
(157,995
)
 
(190,949
)
Income tax (benefit) expense
 
(191
)
 
(157
)
 
(3,407
)
 
842

Net loss
 
(242,267
)
 
(339,776
)
 
(157,296
)
 
(240,370
)
Loss per share:
 
 
 
 
 
 
 
 
Basic
 
$
(2.17
)
 
$
(2.71
)
 
$
(1.25
)
 
$
(1.86
)
Diluted
 
$
(2.17
)
 
$
(2.71
)
 
$
(1.25
)
 
$
(1.86
)