XML 22 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summarized Quarterly Financial Information
12 Months Ended
Dec. 31, 2011
Summarized Quarterly Financial Information [Abstract]  
Summarized Quarterly Financial Information

16. Unaudited Summarized Quarterly Financial Information

     The following is a summary of our unaudited quarterly results of operations (amounts and shares in thousands, except per share data):

                                     
          Year Ended December 31, 2011           Year Ended December 31, 2010    
    Dec. 31     Sept. 30     Jun. 30   Mar. 31   Dec. 31   Sept. 30   Jun. 30   Mar. 31
Net service revenues $ 68,622   $ 69,384   $ 68,252 $ 66,842 $ 70,120 $ 69,842 $ 67,165 $ 64,605
Gross profit   21,620     21,011     20,110   19,054   21,191   20,132   19,736   18,820
Operating income (loss)   3,959     (12,860 )   2,690   2,006   3,231   2,797   3,272   2,692
Net income (loss) $ 2,496 (1) $ (6,663 )(1) $ 1,333 $ 853 $ 1,537 $ 1,479 $ 1,654 $ 1,358
Average shares outstanding:                                    
Basic   10,754     10,746     10,746   10,746   10,745   10,681   10,500   10,500
Diluted   10,756     10,746     10,770   10,754   10,745   10,681   10,500   10,500
Income (loss) per common                                    
share:                                    
Basic and diluted $ 0.23 (1) $ (0.62 )(1) $ 0.12 $ 0.08 $ 0.14 $ 0.14 $ 0.16 $ 0.13

 

(1) The Company determined that its tax benefit of $(4,359) recorded in the third quarter of 2011 should have been recorded as a tax benefit of $(6,745). The Company's income tax expense for the fourth quarter of 2011 totaling $3,131 reflects this adjustment and the income tax benefit of $(2,485) for the full year 2011 is not affected by this adjustment. The Company's diluted loss per common share of $(0.84) reported in the third quarter of 2011 was adjusted to a $(0.62) loss per common share.

The loss per common share of $(0.18) for the year ended December 31, 2011 was not affected by this adjustment.