Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited) (Tables)

v3.19.3.a.u2
Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Selected Quarterly Financial Data
(unaudited) (in thousands, except per share data)
  For the Quarters Ended
  03/31/19 06/30/19 09/30/19 12/31/19 Total 2019
Net revenues $ 95,577    $ 101,713    $ 104,672    $ 106,868    $ 408,830   
Gross profit $ 47,115    $ 48,966    $ 50,832    $ 49,923    $ 196,836   
Net (loss) income $ (2,424)   $ 1,991    $ 2,143    $ 6,296    $ 8,006   
Net (loss) income available to common stockholders $ (2,424)   $ 1,991    $ 2,143    $ 6,296    $ 8,006   
Net (loss) income per common share:
Basic $ (0.03)   $ 0.02    $ 0.02    $ 0.06    $ 0.08   
Diluted $ (0.03)   $ 0.02    $ 0.02    $ 0.06    $ 0.08   
Weighted average common shares outstanding –
   Basic
94,740    98,297    103,899    104,393    100,470   
Weighted average shares outstanding –
   Diluted
94,740    102,336    107,880    107,816    103,615   

 
  For the Quarters Ended
  03/31/18 06/30/18 09/30/18 12/31/18 Total 2018
Net revenues $ 63,423    $ 67,746    $ 69,097    $ 76,475    $ 276,741   
Gross profit $ 27,303    $ 30,530    $ 32,321    $ 37,111    $ 127,265   
Net income (loss) $ 644    $ (380)   $ 2,023    $ 353    $ 2,640   
Deemed dividends on preferred stock and amortization of preferred stock beneficial conversion feature $ 2,856    $ (6,304)   $ —    $ —    $ (3,448)  
Net (loss) income available to common stockholders $ (2,212)   $ 5,924    $ 2,023    $ 353    $ 6,088   
Net (loss) income per common share:
Basic $ (0.03)   $ 0.07    $ 0.02    $ —    $ 0.07   
Diluted $ (0.03)   $ 0.07    $ 0.02    $ —    $ 0.07   
Weighted average common shares outstanding –
   Basic
80,507    81,017    87,253    93,270    85,618   
Weighted average shares outstanding –
   Diluted
80,507    90,168    90,899    96,874    91,568