QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

12 Months Ended

Dec. 31, 2012

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

NOTE 19 - QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The quarterly results of operations shown below are derived from unaudited financial statements for the eight quarters ended December 31, 2012 (in thousands, except per share data):

	Year Ended December 31, 2012
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
	(Restated – see Note 2)						(Restated – see Note 3)

Revenues	$	56,795	$	61,849	$	54,278	$	49,936	$	222,858
Gross profit		6,718		8,367		8,767		6,906		30,758
Net income		1,995		3,472		3,004		1,850		10,321
Basic EPS	$	0.08	$	0.14	$	0.13	$	0.08	$	0.43
Diluted EPS	$	0.08	$	0.14	$	0.12	$	0.08	$	0.42

	Year Ended December 31, 2011
	First Quarter		Second Quarter			Third Quarter		Fourth Quarter		Total
	(Restated – see Note 2)

Revenues	$	33,756	$	42,738		$	61,545	$	61,478	$	199,517
Gross profit		3,292		3,248			9,216		10,161		25,917
Net income (loss)		3		(95	)		10,153		3,823		13,884
Basic EPS	$	0.00	$	0.00		$	0.42	$	0.16	$	0.58
Diluted EPS	$	0.00	$	0.00		$	0.42	$	0.15	$	0.57

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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