13. QUARTERLY RESULTS OF OPERATIONS

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS OF OPERATIONS

The following table sets forth a summary of our unaudited quarterly operating results for each of the last eight quarters in the years ended December 31, 2015 and 2014. This quarterly data has been derived from our unaudited consolidated interim financial statements which, in our opinion, have been prepared on substantially the same basis as the audited financial statements contained elsewhere in this report and include all normal recurring adjustments necessary for a fair presentation of the financial information for the periods presented. These unaudited quarterly results should be read in conjunction with our financial statements and notes thereto, included elsewhere in this report. The operating results in any quarter are not necessarily indicative of the results that may be expected for any future period (in thousands except for share and per share data).

	2015 Quarter Ended												2014 Quarter Ended
	Mar 31			June 30			Sept 30			Dec 31			Mar 31			June 30			Sept 30			Dec 31
Statement of Operations Data:
Net revenue	$	181,267		$	204,289		$	208,366		$	215,706		$	168,876		$	179,082		$	184,059		$	185,552
Total operating expenses		183,213			190,905			191,137			205,256			161,328			163,436			168,824			170,676
Total other expenses		6,723			10,836			5,731			10,109			25,468			10,803			10,401			9,951
Equity in earnings of joint ventures		(1,102	)		(3,207	)		(1,992	)		(2,626	)		(1,067	)		(1,646	)		(2,009	)		(2,248	)
Benefit from (provision for) income taxes		3,091			(2,192	)		(5,199	)		(1,707	)		4,478			(1,233	)		(2,334	)		(2,878	)
Net (loss) income		(4,476	)		3,563			8,291			1,260			(12,375	)		5,256			4,509			4,295
Net income attributable to noncontrolling interests		78			168			304			379			49			112			58			90
Net (loss) income attributable to Radnet, Inc. common stockholders	$	(4,554	)	$	3,395		$	7,987		$	881		$	(12,424	)	$	5,144		$	4,451		$	4,205
Basic net (loss) income attributable to Radnet, Inc. common stockholders (loss) earnings per share:	$	(0.11	)	$	0.08		$	0.18		$	0.02		$	(0.31	)	$	0.13		$	0.11		$	0.10
Diluted net (loss) income attributable to Radnet, Inc. common stockholders (loss) earnings per share:	$	(0.11	)	$	0.08		$	0.18		$	0.02		$	(0.31	)	$	0.12		$	0.10		$	0.10
Weighted average shares outstanding
Basic		42,747			43,370			43,637			45,454			40,010			40,817			41,645			41,783
Diluted		42,747			44,686			44,752			46,545			40,010			43,263			44,034			44,182