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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) - DOLLAR THRIFTY (Tables)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dollar Thrifty Automotive Group Inc.
Summary of the quarterly operating results
Provided below is a summary of the quarterly operating results during 2012 and 2011 (in millions of dollars).
 
First
Quarter
2012
 
Second
Quarter
2012
 
Third
Quarter
2012
 
Fourth
Quarter
2012
Revenues
$
1,960.9

 
$
2,225.1

 
$
2,516.2

 
$
2,318.6

Income (loss) before income taxes
(24.0
)
 
171.7

 
382.1

 
(26.9
)
Net income (loss) attributable to The Hertz Corporation and Subsidiaries' common stockholder
(48.2
)
 
101.0

 
251.3

 
(28.3
)

 
First
Quarter
2011
 
Second
Quarter
2011
 
Third
Quarter
2011
 
Fourth
Quarter
2011
Revenues
$
1,780.0

 
$
2,072.3

 
$
2,432.3

 
$
2,013.8

Income (loss) before income taxes
(146.7
)
 
107.0

 
308.2

 
105.4

Net income (loss) attributable to The Hertz Corporation and Subsidiaries' common stockholder
(123.0
)
 
62.1

 
212.6

 
58.8

 

 

Year Ended December 31, 2011
  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
  2011
Total
 
 
  (In Thousands Except Per Share Amounts)
 

Revenues

  $ 348,347   $ 395,129   $ 451,722   $ 353,730   $ 1,548,928  

Operating income(a)

  $ 46,921   $ 88,818   $ 126,036   $ 73,685   $ 335,460  

Net income

  $ 16,523   $ 42,505   $ 66,621   $ 33,901   $ 159,550  

Earnings per share:(b)

                               

Basic

  $ 0.57   $ 1.47   $ 2.30   $ 1.16   $ 5.51  

Diluted

  $ 0.53   $ 1.36   $ 2.13   $ 1.08   $ 5.11  


 

Year Ended December 31, 2010
  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
  2010
Total
 
 
  (In Thousands Except Per Share Amounts)
 

Revenues

  $ 348,330   $ 396,227   $ 443,544   $ 349,059   $ 1,537,160  

Operating income(a)

  $ 61,088   $ 84,436   $ 94,246   $ 43,314   $ 283,084  

Net income

  $ 27,292   $ 42,263   $ 49,165   $ 12,496   $ 131,216  

Earnings per share:(b)

                               

Basic

  $ 0.96   $ 1.48   $ 1.72   $ 0.44   $ 4.58  

Diluted

  $ 0.91   $ 1.40   $ 1.62   $ 0.41   $ 4.34  

(a)
Operating income represents pretax income before interest, long-lived asset impairment and (increase) decrease in fair value of derivatives.

(b)
The earnings per share is calculated from the weighted average common and common stock equivalents outstanding during each quarter, which may fluctuate based on quarterly income levels and market prices. Therefore, the sum of earnings per share information for each quarter may not equal the total year amounts.