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Quarterly Financial Data (unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (unaudited)

(16)

Quarterly Financial Data (unaudited)

 

 

 

2016

 

 

 

1st quarter

 

 

2nd quarter

 

 

3rd quarter

 

 

4th quarter

 

 

 

(in thousands, except per share information)

 

Operating revenue

 

$

260,394

 

 

$

276,813

 

 

$

271,493

 

 

$

264,051

 

Operating income

 

 

13,930

 

 

 

16,774

 

 

 

10,027

 

 

 

5,849

 

Income before income taxes

 

 

12,105

 

 

 

14,771

 

 

 

8,119

 

 

 

4,410

 

Provision for income taxes

 

 

4,628

 

 

 

5,724

 

 

 

3,122

 

 

 

1,687

 

Net income

 

$

7,477

 

 

$

9,047

 

 

$

4,997

 

 

$

2,723

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.26

 

 

$

0.32

 

 

$

0.18

 

 

$

0.10

 

Diluted

 

$

0.26

 

 

$

0.32

 

 

$

0.18

 

 

$

0.10

 

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

28,402

 

 

 

28,414

 

 

 

28,413

 

 

 

28,415

 

Diluted

 

 

28,402

 

 

 

28,414

 

 

 

28,413

 

 

 

28,415

 

 

 

 

2015

 

 

 

1st quarter

 

 

2nd quarter

 

 

3rd quarter

 

 

4th quarter

 

 

 

(in thousands, except per share information)

 

Operating revenue

 

$

263,561

 

 

$

295,007

 

 

$

284,214

 

 

$

285,991

 

Operating income

 

 

15,067

 

 

 

22,920

 

 

 

16,944

 

 

 

18,464

 

Income before income taxes

 

 

13,332

 

 

 

21,584

 

 

 

15,001

 

 

 

15,088

 

Provision for income taxes

 

 

5,168

 

 

 

8,300

 

 

 

5,754

 

 

 

5,782

 

Net income

 

$

8,164

 

 

$

13,284

 

 

$

9,247

 

 

$

9,306

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.27

 

 

$

0.44

 

 

$

0.32

 

 

$

0.33

 

Diluted

 

$

0.27

 

 

$

0.44

 

 

$

0.32

 

 

$

0.33

 

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

29,992

 

 

 

29,979

 

 

 

28,661

 

 

 

28,380

 

Diluted

 

 

29,998

 

 

 

29,980

 

 

 

28,661

 

 

 

28,382