Selected Quarterly Financial Information

12 Months Ended

Dec. 31, 2011

Selected Quarterly Financial Information [Abstract]

Selected Quarterly Financial Information

NOTE 17 – SELECTED QUARTERLY FINANCIAL INFORMATION

Summarized unaudited quarterly financial information is as follows:

	Three Months Ended
	March 31		June 30		September 30		December 31
	(In thousands except per share amounts)
2011:
Revenues	$	247,405	$	291,495	$	323,845	$	345,626
Gross profit	$	73,568	$	89,164	$	96,581	$	94,745	(1)
Net income	$	41,027	$	49,819	$	53,360	$	51,661
Net income per common share:
Basic	$	0.86	$	1.05	$	1.12	$	1.08
Diluted	$	0.86	$	1.04	$	1.11	$	1.08	(2)
2010:
Revenues	$	206,550	$	204,603	$	218,116	$	252,576
Gross profit	$	59,319	$	53,499	$	63,371	$	77,046	(1)
Net income	$	36,153	$	32,175	$	34,491	$	43,665
Net income per common share:
Basic	$	0.77	$	0.68	$	0.73	$	0.92
Diluted	$	0.76	$	0.68	$	0.73	$	0.92

(1) Gross profit excludes other revenues, general and administrative expense and interest expense.

(2) Due to the effect of rounding the basic earnings or diluted per share for the year's four quarters does not equal annual earnings per share.