Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Data (Unaudited)

Summary of quarterly financial data

The following are summarized quarterly financial data for the years ended December 31, 2012 and 2011:

	2012										2011
	First Quarter		Second Quarter		Third Quarter			Fourth Quarter			First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(Dollars in thousands, except per share data)
Revenues	$	19,787	$	14,294	$	18,814		$	17,686		$	20,777	$	16,918	$	20,252	$	16,370
Costs and expenses		13,948		14,253		16,971			23,017			14,211		14,785		17,379		22,224
Equity income (loss) from unconsolidated subsidiaries		4,467		2,081		4,249			4,447			1,871		3,283		2,777		(5,700	)
Gain on business combinations		—		935		—			—			—		278		155		—
Gain on debt extinguishment		—		—		—			—			—		—		—		26,543
Gain on sale of subsidiaries		—		—		746			705			5		—		—		1,813
Income tax expense (benefit)		833		5		(59	)		195			602		1,024		421		1,655
Net earnings		9,473		3,052		6,897			(374	)		7,840		4,670		5,384		15,147
Less: Net income attributable to noncontrolling interests		1,108		1,565		2,130			(93	)		4,115		2,242		2,654		(187	)
Net earnings attributable to FirstCity		8,365		1,487		4,767			(281	)		3,725		2,428		2,730		15,334
Less: Net earnings attributable to participating securities		82		29		96			(6	)		—		—		25		142
Net earnings to common stockholders		8,283		1,458		4,671			(275	)		3,725		2,428		2,705		15,192
Basic earnings per share of common stock:
Net earnings	$	0.80	$	0.14	$	0.45		$	(0.03	)	$	0.36	$	0.24	$	0.26	$	1.48
Diluted earnings per share of common stock:
Net earnings	$	0.80	$	0.14	$	0.45		$	(0.03	)	$	0.36	$	0.24	$	0.26	$	1.47