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Unaudited Quarterly Financial Results
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Result
Unaudited Quarterly Results.
 
The following tables present unaudited quarterly financial information during the years ended December 31, 2012 and 2011. In the opinion of the Company’s management, the quarterly information contains all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation thereof. The operating results for any quarter are not necessarily indicative of the results for any future periods. 

Subsequent to the issuance of the Company's quarterly report on Form 10-Q for the second quarter of 2012, the Company identified an immaterial classification error of $0.5 million related to certain vendor fees paid by Apex Systems, Inc., which we acquired in May 2012 (see Note 4 - Acquisitions). Such fees should have been recorded as revenues, rather than in costs of services. The Company considers this an immaterial reclassification and has presented the revenues and cost of services for the year ended December 31, 2012 reflecting the reclassification in the pro forma revenues in Note 4 - Acquisitions, and revenues in the table below. The Company will present the corrected results for the three and six months ended June 30, 2012 in future filings. This reclassification has no effect on the Company's consolidated balance sheets or consolidated statement of cash flows.

 
 
2012
 
 
Dec. 31,
 
Sep. 30,
 
Jun. 30,
 
Mar. 31,
 
 
(in thousands, except per share data)
Revenues
 
$
401,659

 
$
388,283

 
$
282,685

 
$
167,078

Gross profit
 
$
121,282

 
$
119,039

 
$
88,954

 
$
55,048

Net income
 
$
11,322

 
$
17,433

 
$
8,515

 
$
5,383

Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.22

 
$
0.33

 
$
0.19

 
$
0.14

Diluted
 
$
0.21

 
$
0.33

 
$
0.19

 
$
0.14



 
 
2011
 
 
Dec. 31,
 
Sep. 30,
 
Jun. 30,
 
Mar. 31,
 
 
(in thousands, except per share data)
Revenues
 
$
161,790

 
$
162,370

 
$
143,683

 
$
129,438

Gross profit
 
$
53,629

 
$
54,528

 
$
48,794

 
$
43,154

Net income
 
$
7,501

 
$
7,767

 
$
5,865

 
$
3,164

Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.20

 
$
0.21

 
$
0.16

 
$
0.09

Diluted
 
$
0.20

 
$
0.21

 
$
0.16

 
$
0.08