Note 20 - Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information [Text Block]

20.    Quarterly Results of Operations (Unaudited)

The tables below present quarterly financial information for 2012 and 2011:

	(in thousands, except per share amounts)
	2012
	Three Months Ended
	March 31,			June 30,			September 30,			December 31,
Operating revenues	$	123,673		$	129,569		$	124,416		$	134,771
Operating expenses and costs		130,309			133,898			132,941			138,552
Operating (loss) income		(6,636	)		(4,329	)		(8,525	)		(3,781	)
Other expenses, net		911			975			1,002			1,100
(Loss) income before income taxes		(7,547	)		(5,304	)		(9,527	)		(4,881	)
Income tax (benefit) expense		(2,674	)		(1,818	)		(3,455	)		(1,641	)
Net (loss) income	$	(4,873	)	$	(3,486	)	$	(6,072	)	$	(3,240	)
Average shares outstanding (Basic)		10,300			10,304			10,312			10,313
Basic (loss) earnings per share	$	(0.47	)	$	(0.34	)	$	(0.59	)	$	(0.31	)
Average shares outstanding (Diluted)		10,300			10,304			10,312			10,313
Diluted (loss) earnings per share	$	(0.47	)	$	(0.34	)	$	(0.59	)	$	(0.31	)

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)
	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.