Summary of Unaudited Quarterly Statements of Income Data |
The following table sets forth the Company’s unaudited quarterly statements of income data in dollars for each of the eight quarters in the period ended December 31, 2016
(amounts in thousands, except share and per share amounts)
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Quarterly Results 2016
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Q1 March
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Q2 June
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Q3 September
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Q4 December
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Net revenue
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$
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42,989
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$
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54,567
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$
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54,422
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$
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50,851
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Gross profit
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21,279
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26,215
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25,128
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24,688
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Income before provision for income taxes
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3,400
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8,042
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5,449
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5,834
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Provision for income taxes
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879
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550
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203
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574
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Net income
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2,521
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7,492
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5,246
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5,260
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Net income per share attributable to
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common stockholders:
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Basic
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$
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0.13
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$
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0.38
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$
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0.26
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$
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0.26
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Diluted
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$
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0.12
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$
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0.36
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$
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0.25
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$
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0.25
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Weighted-average number of shares used in
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calculating net income per share attributable
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to common stockholders:
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Basic common shares
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19,827,669
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19,972,395
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20,157,688
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20,310,857
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Diluted common shares
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20,840,367
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20,997,429
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21,182,587
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21,362,513
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(amounts in thousands, except share and per share amounts)
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Quarterly Results 2015
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Q1 March
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Q2 June
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Q3 September
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Q4 December
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Net revenue
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$
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33,752
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$
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44,029
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$
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40,778
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$
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40,446
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Gross profit
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16,023
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20,822
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19,375
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20,038
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Income before provision (benefit) for income taxes
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2,418
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5,314
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3,678
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3,317
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Provision (benefit) for income taxes
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846
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1,855
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982
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(541
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)
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Net income
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1,572
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3,459
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2,696
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3,858
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Net income per share attributable to
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common stockholders:
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Basic
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$
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0.08
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$
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0.18
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$
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0.14
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$
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0.20
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Diluted
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$
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0.08
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$
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0.17
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$
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0.13
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$
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0.19
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Weighted-average number of shares used in
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calculating net income per share attributable
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to common stockholders:
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Basic common shares
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19,167,585
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19,310,064
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19,428,653
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19,689,662
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Diluted common shares
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20,562,040
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20,672,414
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20,783,550
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20,812,773
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