Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

Quarterly Results of Operations (Unaudited)

Schedule of Quarterly Financial Information

Quarterly financial information for the years ended December 31, 2012 and 2011 is summarized as follows (in thousands, except per share data):

	2012
	Q1			Q2			Q3			Q4
Revenue	$	326,902		$	353,172		$	335,241		$	315,870
Gross profit		42,931			54,096			55,521			55,073
Operating income (loss)		(3,003	)		7,441			9,767			8,098
Income (loss) from continuing operations		(2,431	)		3,949			5,423			4,553
Income (loss) from discontinued operations, net of tax		(237	)		98			(98	)		592
Net income (loss) including noncontrolling interests		(2,668	)		4,047			5,325			5,145
Less: Net income (loss) attributable to noncontrolling interests		(1,639	)		(421	)		(348	)		794
Net income (loss) attributable to Comfort Systems USA, Inc.		(1,029	)		4,468			5,673			4,351
INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMFORT SYSTEMS USA, INC.:
Basic—
Income (loss) from continuing operations	$	(0.02	)	$	0.12		$	0.15		$	0.10
Income (loss) from discontinued operations		(0.01	)		—			—			0.02
Net income (loss)	$	(0.03	)	$	0.12		$	0.15		$	0.12
Diluted—
Income (loss) from continuing operations	$	(0.02	)	$	0.12		$	0.15		$	0.10
Income (loss) from discontinued operations		(0.01	)		—			—			0.02
Net income (loss)	$	(0.03	)	$	0.12		$	0.15		$	0.12
Net cash provided by (used in) operating activities	$	(19,816	)	$	6,793		$	16,455		$	27,078

	2011
	Q1			Q2			Q3(a)			Q4(a)
Revenue	$	274,384		$	306,417		$	322,002		$	313,851
Gross profit		34,164			47,895			49,006			50,465
Operating income (loss)		(7,470	)		6,815			(46,731	)		4,745
Income (loss) from continuing operations		(4,649	)		4,172			(36,614	)		4,617
Income (loss) from discontinued operations, net of tax		(521	)		(1,010	)		45			(2,532	)
Net income (loss) including noncontrolling interests		(5,170	)		3,162			(36,569	)		2,085
Less: Net income attributable to noncontrolling interests		—			—			—			338
Net income (loss) attributable to Comfort Systems USA, Inc.		(5,170	)		3,162			(36,569	)		1,747
INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMFORT SYSTEMS USA, INC.:
Basic—
Income (loss) from continuing operations	$	(0.13	)	$	0.11		$	(0.98	)	$	0.12
Income (loss) from discontinued operations		(0.01	)		(0.03	)		—			(0.07	)
Net income (loss)	$	(0.14	)	$	0.08		$	(0.98	)	$	0.05
Diluted—
Income (loss) from continuing operations	$	(0.13	)	$	0.11		$	(0.98	)	$	0.12
Income (loss) from discontinued operations		(0.01	)		(0.03	)		—			(0.07	)
Net income (loss)	$	(0.14	)	$	0.08		$	(0.98	)	$	0.05
Net cash provided by (used in) operating activities	$	(19,066	)	$	(4,377	)	$	1,478		$	51,645

(a)

Included in income are goodwill and other intangible asset impairment charges of $55.1 million in the third quarter and $2.2 million in the fourth quarter of 2011.