Note 18 - Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information [Text Block]

18.    Quarterly Results of Operations (Unaudited)

The tables below present quarterly financial information for 2011 and 2010:

	(in thousands, except per share amounts)
	2011
	Three Months Ended
	March 31,			June 30,		September 30,			December 31,
Operating revenues	$	124,042		$	139,027	$	130,137		$	126,202
Operating expenses and costs		127,224			136,815		135,996			132,021
Operating (loss) income		(3,182	)		2,212		(5,859	)		(5,819	)
Other expenses, net		732			795		703			863
(Loss) income before income taxes		(3,914	)		1,417		(6,562	)		(6,682	)
Income tax (benefit) expense		(1,198	)		819		(2,257	)		(2,328	)
Net (loss) income	$	(2,716	)	$	598	$	(4,305	)	$	(4,354	)
Average shares outstanding (Basic)		10,298			10,306		10,294			10,297
Basic (loss) earnings per share	$	(0.26	)	$	0.06	$	(0.42	)	$	(0.42	)
Average shares outstanding (Diluted)		10,298			10,317		10,294			10,297
Diluted (loss) earnings per share	$	(0.26	)	$	0.06	$	(0.42	)	$	(0.42	)

Note - The above amounts have been previously reported in the Company’s quarterly reports on Form 10-Q.  Certain line items in those quarterly reports may not total the corresponding amount reported in this Annual Report on Form 10-K due to rounding.

	(in thousands, except per share amounts)
	2010
	Three Months Ended
	March 31,			June 30,		September 30,		December 31,
Operating revenues	$	105,634		$	113,673	$	118,766	$	122,091
Operating expenses and costs		109,132			110,635		116,450		123,852
Operating (loss) income		(3,498	)		3,038		2,316		(1,761	)
Other expenses, net		820			1,071		852		650
(Loss) income before income taxes		(4,318	)		1,967		1,464		(2,411	)
Income tax (benefit) expense		(1,322	)		1,067		878		(614	)
Net (loss) income	$	(2,996	)	$	900	$	586	$	(1,797	)
Average shares outstanding (Basic)		10,277			10,293		10,297		10,297
Basic (loss) earnings per share	$	(0.29	)	$	0.09	$	0.06	$	(0.17	)
Average shares outstanding (Diluted)		10,277			10,320		10,312		10,297
Diluted (loss) earnings per share	$	(0.29	)	$	0.09	$	0.06	$	(0.17	)

Note - The above amounts have been previously reported in the Company’s quarterly reports on Form 10-Q.  Certain line items in those quarterly reports may not total the corresponding amount reported in this Annual Report on Form 10-K due to rounding.