| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Revenue: | ||||||
Revenue from Contract with Customer [Abstract] | ||||||
Total net revenue | ||||||
1,724,331 | 1,536,854 | 1,375,308 | 1,196,195 | 1,062,528 | ||
Costs applicable to revenue (exclusive of depreciation and amortization): | ||||||
Total costs applicable to revenue | ||||||
806,519 | 713,571 | 636,966 | 544,781 | 491,100 | ||
Operating expenses: | ||||||
Selling, general and administrative expenses | ||||||
744,488 | 687,476 | 600,010 | 525,869 | 474,053 | ||
Depreciation and amortization | ||||||
87,244 | 74,339 | 61,974 | 52,677 | 44,069 | ||
Asset impairment | ||||||
8,894 | 17,630 | 4,117 | 7,132 | 7,716 | ||
Gain (Loss) Related to Litigation Settlement | ||||||
0 | 0 | -7,000 | 0 | 0 | ||
Other expense, net | ||||||
3,611 | 1,487 | 950 | 1,667 | 913 | ||
Total operating expenses | ||||||
844,237 | 780,932 | 674,051 | 587,345 | 526,751 | ||
Income from operations | ||||||
73,575 | 42,351 | 64,291 | 64,069 | 44,677 | ||
Interest expense, net | ||||||
33,300 | 37,283 | 55,536 | 39,092 | 36,741 | ||
Debt issuance costs | ||||||
0 | 200 | 4,527 | 0 | 2,551 | ||
Loss on extinguishment of debt | ||||||
-9,786 | 0 | 0 | - | - | ||
Earnings before income taxes | ||||||
30,489 | 4,868 | 4,228 | 24,977 | 5,385 | ||
Income tax provision (benefit) | ||||||
-2,309 | -18,785 | -38,910 | 11,634 | 1,768 | ||
Net income | ||||||
32,798 | 23,653 | 43,138 | 13,343 | 3,617 | ||
Earnings per share: | ||||||
Basic (in usd per share) | ||||||
0.42 | 0.31 | 0.72 | 0.24 | 0.06 | ||
Diluted (in usd per share) | ||||||
0.40 | 0.30 | 0.70 | 0.23 | 0.06 | ||
Weighted average shares outstanding: | ||||||
Basic (shares) | ||||||
78,608 | 75,899 | 59,895 | 56,185 | 55,962 | ||
Diluted (shares) | ||||||
81,683 | 79,041 | 62,035 | 57,001 | 55,962 | ||
Comprehensive income: | ||||||
Net income | ||||||
32,798 | 23,653 | 43,138 | 13,343 | 3,617 | ||
Tax provision (benefit) of unrealized gain (loss) on hedge instruments | ||||||
-346 | 2,430 | 2,925 | - | - | ||
Unrealized gain (loss) on hedge instruments | ||||||
-1,350 | 9,488 | 7,613 | -5,116 | -7,065 | ||
Tax provision (benefit) of unrealized gain (loss) on hedge instruments | ||||||
-346 | 2,430 | 2,925 | -1,844 | -2,837 | ||
Comprehensive income | ||||||
31,794 | 30,711 | 47,826 | 10,071 | -611 | ||
Products | ||||||
Total net revenue | ||||||
1,426,136 | 1,269,612 | 1,129,313 | 980,953 | 870,463 | ||
Total costs applicable to revenue | ||||||
574,351 | 511,406 | 456,078 | 390,369 | 353,894 | ||
Services and plans | ||||||
Total net revenue | ||||||
298,195 | 267,242 | 245,995 | 215,242 | 192,065 | ||
Total costs applicable to revenue | ||||||
232,168 | 202,165 | 180,888 | 154,412 | 137,206 | ||