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QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2020
QUARTERLY FINANCIAL DATA (UNAUDITED)  
QUARTERLY FINANCIAL DATA (UNAUDITED)

21. QUARTERLY FINANCIAL DATA (UNAUDITED)

Quarterly results of operations for the years ended December 31, 2020 and 2019 are summarized below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First
Quarter

    

Second
Quarter

    

Third
Quarter

    

Fourth
Quarter

 

2020

 

 

 

 

 

 

 

 

 

Operating Revenues

 

$

180,330

 

$

35,376

 

$

77,973

 

$

107,807

 

Operating Income / (Loss)

 

 

15,230

 

 

(2,234)

 

 

8,817

 

 

(4,428)

 

Net Income / (Loss)

 

$

7,251

 

$

(6,040)

 

$

2,927

 

$

(8,042)

 

Earnings / (Loss) Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.16

 

$

(0.13)

 

$

0.06

 

$

(0.17)

 

Diluted

 

$

0.15

 

$

(0.13)

 

$

0.06

 

$

(0.17)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First
Quarter

    

Second
Quarter

    

Third
Quarter

    

Fourth
Quarter

 

2019

 

 

 

 

 

 

 

 

 

Operating Revenues

 

$

196,669

 

$

169,373

 

$

171,478

 

$

163,864

 

Operating Income

 

 

46,502

 

 

9,541

 

 

10,475

 

 

11,604

 

Net Income

 

$

33,368

 

$

3,713

 

$

3,973

 

$

5,018

 

Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.71

 

$

0.08

 

$

0.08

 

$

0.11

 

Diluted

 

$

0.71

 

$

0.08

 

$

0.08

 

$

0.10

 

 

The sum of the quarterly net income (loss) per common stock share amounts does not equal the annual amount reported since per share amounts are computed independently for each quarter and for the full year based on respective weighted-average common shares outstanding and other dilutive potential common shares.