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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
Following is a summary of the unaudited interim results of operations for the years ended December 31, 2013, 2012 and 2011:
 
Year Ended December 31, 2013
(Amounts in thousands)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenue
$
87,521

 
$
363,701

 
$
504,520

 
$
154,188

Net (loss) income attributable to Six Flags Entertainment Corporation common stockholders
(62,527
)
 
47,361

 
120,403

 
13,315

Net (loss) income per weighted average common share outstanding:
 
 
 
 
 
 
 
Basic
$
(0.61
)
 
$
0.49

 
$
1.27

 
$
0.14

Diluted
(0.61
)
 
0.47

 
1.22

 
0.13

 
Year Ended December 31, 2012
(Amounts in thousands)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenue
$
66,358

 
$
374,912

 
$
485,143

 
$
143,919

Net (loss) income attributable to Six Flags Entertainment Corporation common stockholders
(115,109
)
 
72,265

 
253,025

 
155,754

Net (loss) income per weighted average common share outstanding:
 
 
 
 
 
 
 
Basic
$
(1.05
)
 
$
0.67

 
$
2.37

 
$
1.46

Diluted
(1.05
)
 
0.64

 
2.23

 
1.40

All per share amounts have been retroactively adjusted to reflect the 2011 Stock Split and the 2013 Stock Split as described in Note 12.
We operate a seasonal business. In particular, our theme park operations contribute most of their annual revenue during the period from Memorial Day to Labor Day each year.
In the fourth quarter of 2012, we reduced our income tax valuation allowance which materially impacted the net income for that quarter. See Note 11.