Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited)

v3.20.1
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)

 
 
Quarters
 
 
1st
 
2nd
 
3rd
 
4th
 
2019:
 
  

 
  

 
  

 
  

 
Revenues
 
$
335,455

 
$
363,580

 
$
374,532

 
$
395,735

 
Expenses (1)
 
330,515

 
353,982

 
359,142

 
394,992

 
Income before item shown below
 
4,940

 
9,598

 
15,390

 
743

 
Change in fair value of contingent consideration
 
(112
)
 
(85
)
 
(93
)
 
(374
)
 
Income before income taxes
 
$
4,828

 
$
9,513

 
$
15,297

 
$
369

 
Net income
 
$
3,432

 
$
7,508

 
$
11,277

 
$
508

 
(Income) loss attributable to noncontrolling interest
 
(1
)
 
(20
)
 
79

 
(16
)
 
Net income attributable to the Company
 
$
3,431

 
$
7,488

 
$
11,356

 
$
492

 
Dividends declared on preferred stock
 
(8,590
)
 
(8,695
)
 
(8,702
)
 
(8,702
)
 
Net (loss) income available to common shareholders
 
$
(5,159
)
 
$
(1,207
)
 
$
2,654

 
$
(8,210
)
 
Basic (loss) income per common share (2)
 
$
(0.04
)
 
$
(0.01
)
 
$
0.02

 
$
(0.06
)
 
Diluted (loss) income per common share (2)
 
$
(0.04
)
 
$
(0.01
)
 
$
0.02

 
$
(0.06
)
 
Basic weighted average common shares
 
143,311,024

 
143,444,079

 
143,092,912

 
143,640,497

 
Diluted weighted average common shares
 
143,311,024

 
143,444,079

 
147,960,009

 
140,640,497

 

(1)
Includes a $1,494, $1,444, $1,536 and $1,632 charge for non-cash compensation in the first, second, third and fourth quarters of 2019, respectively.
(2)
Due to rounding, the sum of the quarters' basic and diluted loss per common share do not equal the full fiscal year amount.
 
 
Quarters
 
 
1st
 
2nd
 
3rd
 
4th
 
2018:
 
  

 
  

 
  

 
  

 
Revenues
 
$
329,384

 
$
357,756

 
$
348,875

 
$
355,121

 
Expenses (1)
 
321,687

 
343,822

 
336,164

 
342,060

 
Income before item shown below
 
7,697

 
13,934

 
12,711

 
13,061

 
Change in fair value of contingent consideration
 
(61
)
 
(50
)
 
(54
)
 
(73
)
 
Income before income taxes
 
$
7,636

 
$
13,884

 
$
12,657

 
$
12,988

 
Net income
 
$
5,464

 
$
9,310

 
$
9,450

 
$
9,562

 
Income attributable to noncontrolling interest
 
(1
)
 
(8
)
 
(13
)
 
(6
)
 
Net income attributable to the Company
 
$
5,463

 
$
9,302

 
$
9,437

 
$
9,556

 
Dividends declared on preferred stock
 
(8,508
)
 
(8,508
)
 
(8,507
)
 
(8,508
)
 
Net (loss) income available to common shareholders
 
$
(3,045
)
 
$
794

 
$
930

 
$
1,048

 
Basic (loss) income per common share (2)
 
$
(0.02
)
 
$
0.00

 
$
0.00

 
$
0.01

 
Diluted (loss) income per common share (2)
 
$
(0.02
)
 
$
0.00

 
$
0.00

 
$
0.01

 
Basic weighted average common shares
 
195,898,794

 
196,557,837

 
196,381,910

 
189,463,849

 
Diluted weighted average common shares
 
195,898,794

 
209,855,936

 
208,387,236

 
198,743,096

 
`

(1)
Includes a $1,494, $1,568, $1,380 and $1,440 charge for non-cash compensation in the first, second, third and fourth quarters of 2018, respectively.
(2)
Due to rounding, the sum of the quarters' basic and diluted loss per common share do not equal the full fiscal year amount.