SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2015

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 16 — SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected consolidated quarterly financial data for 2015 and 2014 follows (in thousands, except per share amounts):

	2015
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenues	$	107,648	$	120,677	$	125,091	$	110,039
Income from continuing operations	$	10,591	$	16,301	$	13,606	$	84,758
Net income	$	10,591	$	16,301	$	13,606	$	84,758
Net income attributable to Summit Hotel Properties, Inc.	$	10,534	$	16,204	$	13,540	$	84,159
Earnings per share - Basic:
Net income per share from continuing operations	$	0.07	$	0.14	$	0.11	$	0.93
Net income per share from discontinued operations	—		—		—		—
Net income per share	$	0.07	$	0.14	$	0.11	$	0.93
Earnings per share - Diluted:
Net income per share from continuing operations	$	0.07	$	0.14	$	0.11	$	0.92
Net income per share from discontinued operations	—		—		—		—
Net income per share	$	0.07	$	0.14	$	0.11	$	0.92

	2014
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Total revenues	$	89,544		$	105,525		$	109,256		$	99,141
Income from continuing operations	$	2,947		$	9,201		$	3,766		$	4,517
Income (loss) from discontinued operations	$	378		$	(41	)	$	(59	)	$	214
Net income	$	3,325		$	9,160		$	3,707		$	4,731
Net income attributable to Summit Hotel Properties, Inc.	$	3,458		$	8,975		$	3,713		$	4,725
Earnings per share:
Basic and diluted net income (loss) per share from continuing operations	$	(0.01	)	$	0.06		$	(0.01	)	$	0.01
Basic and diluted net income per share from discontinued operations	—			—			—			—
Basic and diluted net income (loss) per share	$	(0.01	)	$	0.06		$	(0.01	)	$	0.01