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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
 
Quarters
 
 
 
First
 
Second (1)
 
Third
 
Fourth (1)
 
Total
(amounts in thousands, except per-share data)
 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
 
 
Revenue
$
103,367

 
$
106,705

 
$
106,418

 
$
107,925

 
$
424,415

Direct costs
81,515

 
83,810

 
83,283

 
84,478

 
333,086

Gross profit
21,852

 
22,895

 
23,135

 
23,447

 
91,329

Selling, general, and administrative expenses
16,253

 
16,752

 
16,812

 
17,050

 
66,867

Operating income
5,599

 
6,143

 
6,323

 
6,397

 
24,462

Interest and other income (expense), net
(50
)
 
384

 
(68
)
 
717

 
983

Income before income taxes
5,549

 
6,527

 
6,255

 
7,114

 
25,445

Provision for income taxes
2,189

 
2,404

 
2,442

 
2,245

 
9,280

Net income
$
3,360

 
$
4,123

 
$
3,813

 
$
4,869

 
$
16,165

Basic net income per share
$
0.22

 
$
0.27

 
$
0.25

 
$
0.32

 
$
1.07

Diluted net income per share
$
0.20

 
$
0.25

 
$
0.23

 
$
0.29

 
$
0.96


(1)
Included in interest and other income is $0.4 million or $0.03 basic and diluted net income per share, and $0.8 million or $0.05 basic and diluted net income per share in the second and fourth quarters, respectively, for life insurance proceeds received for former Company executives that passed away during the respective quarters.
 
Quarters
 
 
 
First
 
Second
 
Third
 
Fourth
 
Total
(amounts in thousands, except per-share data)
 
 
 
 
 
 
 
 
 
2011
 
 
 
 
 
 
 
 
 
Revenue
$
95,909

 
$
98,327

 
$
101,119

 
$
100,920

 
$
396,275

Direct costs
76,112

 
77,594

 
80,152

 
78,126

 
311,984

Gross profit
19,797

 
20,733

 
20,967

 
22,794

 
84,291

Selling, general, and administrative expenses
15,198

 
16,056

 
16,391

 
17,336

 
64,981

Operating income
4,599

 
4,677

 
4,576

 
5,458

 
19,310

Interest and other income (expense), net
(37
)
 
(48
)
 
50

 
(152
)
 
(187
)
Income before income taxes
4,562

 
4,629

 
4,626

 
5,306

 
19,123

Provision for income taxes
1,734

 
1,799

 
1,635

 
2,017

 
7,185

Net income
$
2,828

 
$
2,830

 
$
2,991

 
$
3,289

 
$
11,938

Basic net income per share
$
0.19

 
$
0.19

 
$
0.20

 
$
0.22

 
$
0.80

Diluted net income per share
$
0.17

 
$
0.17

 
$
0.18

 
$
0.20

 
$
0.71