Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited)

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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2014
Selected Quarterly Financial Data [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 18 - SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

 

Set forth below is the unaudited selected quarterly financial data. We believe that all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts stated below to present fairly, and in accordance with GAAP, the unaudited selected quarterly financial data when read in conjunction with our consolidated financial statements (in thousands, except share and per share data). The sum of the quarterly net income per share amounts do not necessarily equal the annual amount reported, as per share amounts are computed independently for each quarter and the annual period based on the weighted average common shares outstanding in each period. The operating results for any quarter are not necessarily indicative of results for any future period.

 

    Quarter  
2014   First     Second     Third     Fourth  
Revenue   $ 65,583     $ 56,909     $ 54,417     $ 56,518  
Gross profit     25,599       17,437       15,484       19,066  
Net income from continuing operations     23,389       14,842       14,195       33,335  
Net income from discontinued operations     0.00       0.00       0.00       0.00  
Basic and diluted earnings per share from continuing operations   $ 0.30     $ 0.19     $ 0.18     $ 0.42  
Basic and diluted earnings per share from discontinued operations   $ 0.00     $ 0.00     $ 0.00     $ 0.00  


 

    Quarter  
2013   First     Second     Third     Fourth  
Revenue   $ 19,669     $ 21,362     $ 20,609     $ 61,028  
Gross profit     5,016       9,613       7,632       25,423  
Net income from continuing operations     4,333       7,939       5,044       29,820  
Net income from discontinued operations     9,340       17,759       12,363       12,449  
Basic and diluted earnings per share from continuing operations   $ 0.06     $ 0.10     $ 0.06     $ 0.38  
Basic and diluted earnings per share from discontinued operations   $ 0.12     $ 0.22     $ 0.16     $ 0.16