QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2021

QUARTERLY FINANCIAL DATA (UNAUDITED)

Schedule of quarterly financial data

Quarterly results of operations for the years ended December 31, 2021 and 2020 are summarized below:

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2021
Operating Revenues	$	127,611	$	149,189	$	173,663	$	172,552
Operating Expenses		102,678		99,951		151,661		161,685
Operating Income		24,933		49,238		22,002		10,867
Net Income (Loss)	$	12,416	$	51,753	$	13,903	$	(602)
Earnings (Loss) Per Share:
Basic	$	0.26	$	0.91	$	0.24	$	(0.01)
Diluted	$	0.24	$	0.83	$	0.23	$	(0.01)
Shares Used for Computation:
Basic		48,496,077		57,156,159		57,355,104		57,712,097
Diluted		52,508,186		61,982,441		61,712,378		57,712,097
2020
Operating Revenues	$	180,330	$	35,376	$	77,973	$	107,807
Operating Expenses		165,100		37,610		69,156		112,235
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)
Shares Used for Computation:
Basic		46,805,950		46,805,950		46,805,950		46,806,317
Diluted		48,225,603		46,805,950		48,350,943		46,806,317