Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Selected Quarterly Financial Data

The following tables contain unaudited Statement of Operations information for each quarter of 2014 and 2013. The Company believes that the following information reflects all normal recurring adjustments. During the fourth quarter of 2014, the Company recognized a reduction in its accrued bonus expense as a result of a change in estimate, which resulted in a $7.4 million increase in income from continuing operations. The operating results for any quarter are not necessarily indicative of results for any future period.

	Quarter Ended
	March 31			June 30			September 30			December 31		Year
	(in thousands, except per share data)
2014
Revenues	$	137,904		$	141,853		$	151,202		$	148,871	$	579,830
Gross profit	$	104,895		$	106,240		$	116,249		$	117,236	$	444,620
(Loss) income from continuing operations, net of tax	$	(6,482	)	$	(10,337	)	$	(845	)	$	22,699	$	5,035
Discontinued operations, net of tax		0			0			0			0		0
Net (loss) income	$	(6,482	)	$	(10,337	)	$	(845	)	$	22,699	$	5,035
(Loss) earnings per share:(1)
Basic, from continuing operations	$	(0.57	)	$	(0.91	)	$	(0.07	)	$	2.01	$	0.45
Basic, from discontinued operations		0			0			0			0		0
Basic (loss) earnings per share	$	(0.57	)	$	(0.91	)	$	(0.07	)	$	2.01	$	0.45
Diluted, from continuing operations	$	(0.57	)	$	(0.91	)	$	(0.07	)	$	1.99	$	0.44
Diluted, from discontinued operations		0			0			0			0		0
Diluted (loss) earnings per share	$	(0.57	)	$	(0.91	)	$	(0.07	)	$	1.99	$	0.44
	Quarter Ended
	March 31			June 30			September 30			December 31		Year
	(in thousands, except per share data)
2013
Revenues	$	130,183		$	137,905		$	141,919		$	165,881	$	575,888
Gross profit	$	94,282		$	101,459		$	108,666		$	132,912	$	437,319
(Loss) income from continuing operations, net of tax	$	(5,191	)	$	(1,553	)	$	17,146		$	16,148	$	26,550
Discontinued operations, net of tax		56,782			0			0			0		56,782
Net income (loss)	$	51,591		$	(1,553	)	$	17,146		$	16,148	$	83,332
Earnings (loss) per share:(1)
Basic, from continuing operations	$	(0.46	)	$	(0.14	)	$	1.52		$	1.43	$	2.35
Basic, from discontinued operations		5.03			0			0			0		5.02
Basic earnings (loss) per share	$	4.57		$	(0.14	)	$	1.52		$	1.43	$	7.37
Diluted, from continuing operations	$	(0.46	)	$	(0.14	)	$	1.52		$	1.43	$	2.35
Diluted, from discontinued operations		5.03			0			0			0		5.02
Diluted earnings (loss) per share	$	4.57		$	(0.14	)	$	1.52		$	1.43	$	7.37

⁽¹⁾ The sum of the basic and diluted earnings (loss) per share for the four quarters may differ from annual earnings (loss) per share as the weighted-average shares outstanding are computed independently for each of the quarters presented.