| Schedule of Quarterly Financial Information |
The following table sets forth our quarterly consolidated statements of operations (in thousands, except per share amounts) for each quarter of fiscal years 2021 and 2020. We have prepared the quarterly consolidated statements of operations data on a basis consistent with the audited consolidated financial statements included in Part II, Item 8 of this Annual Report on Form 10-K. In the opinion of management, the financial information in these tables reflects all adjustments, consisting only of normal recurring adjustments that management considers necessary for fair presentation of this data. This information should be read in conjunction with the audited consolidated financial statements and related notes included in this Part II, Item 8 of this Annual Report on Form 10-K. The results of historical periods are not necessarily indicative of the results for any future period.
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Three Months Ended |
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March 31, 2021 |
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December 31, 2020 |
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September 30, 2020 |
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June 30, 2020 |
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March 31, 2020 |
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December 31, 2019 |
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September 30, 2019 |
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June 30, 2019 |
| Net revenues |
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$ |
95,082 |
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$ |
88,592 |
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$ |
70,893 |
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$ |
59,012 |
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$ |
39,351 |
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$ |
36,016 |
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$ |
32,795 |
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$ |
30,553 |
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| Total costs of revenues and operating expenses |
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79,128 |
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68,075 |
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58,777 |
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48,390 |
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36,426 |
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31,884 |
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29,680 |
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27,513 |
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| Income from operations |
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15,954 |
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20,517 |
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12,116 |
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10,622 |
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2,925 |
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4,132 |
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3,115 |
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3,040 |
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| Total interest and other income / (expense), net |
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(1,023) |
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(4,941) |
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(11,082) |
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(306) |
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721 |
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(830) |
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(4,380) |
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(4,818) |
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| Income / (loss) from operations before income taxes |
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14,931 |
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15,576 |
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1,034 |
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10,316 |
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3,646 |
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3,302 |
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(1,265) |
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(1,778) |
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| Income tax (benefit) / (provision) |
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(15,125) |
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1,061 |
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661 |
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376 |
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(10,381) |
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41 |
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72 |
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(107) |
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| Net income / (loss) from operations, net of taxes |
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$ |
30,056 |
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$ |
14,515 |
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$ |
373 |
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$ |
9,940 |
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$ |
14,027 |
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$ |
3,261 |
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$ |
(1,337) |
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$ |
(1,671) |
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| Basic net income / (loss) per common share from continuing operations |
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$ |
0.34 |
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$ |
0.16 |
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$ |
— |
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$ |
0.11 |
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$ |
0.16 |
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$ |
0.04 |
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$ |
(0.02) |
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$ |
(0.02) |
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| Weighted-average common shares outstanding, basic |
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89,665 |
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89,003 |
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88,035 |
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87,386 |
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86,784 |
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85,876 |
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83,909 |
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81,814 |
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| Diluted net income / (loss) per common share from continuing operations |
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$ |
0.31 |
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$ |
0.15 |
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$ |
— |
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$ |
0.11 |
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$ |
0.15 |
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$ |
0.04 |
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$ |
(0.02) |
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$ |
(0.02) |
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| Weighted-average common shares outstanding, diluted |
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97,709 |
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96,976 |
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96,057 |
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93,108 |
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91,875 |
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92,472 |
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83,909 |
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81,814 |
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