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Selected Quarterly Financial Data
12 Months Ended
Dec. 31, 2011
Selected Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data

7. SELECTED QUARTERLY FINANCIAL DATA (Unaudited) (In thousands, except per share data)

 

     Quarter Ended  
     March 31      June 30      September 30      December 31  

2011

           

Operating revenues

   $ 177,910       $ 189,993       $ 199,298       $ 178,750   

Operating income

     12,193         16,939         15,286         13,261   

Net income

     2,722         9,046         6,187         5,476   

Income per share—basic

     0.12         0.39         0.26         0.23   

Income per share—diluted

     0.12         0.37         0.25         0.22   

2010

           

Operating revenues

   $ 161,333       $ 177,552       $ 181,948       $ 165,765   

Operating income

     8,684         11,223         9,837         6,991   

Net income (loss)

     798         2,056         421         (10,681

Income (loss) per share—basic

     0.04         0.10         0.02         (0.51

Income (loss) per share—diluted

     0.04         0.09         0.02         (0.51

In 2011, we recognized a restructuring credit of $0.5 million in the first quarter. Results for the first quarter of 2011 include a write-off of debt issuance costs of $1.8 million related to the partial redemption of our 2013 PIK Notes. Results for the third quarter of 2011 include a write-off of debt issuance costs of $0.3 million related to the final redemption of our 2013 PIK Notes and a write-off of debt issuance costs of $0.9 million related to the refinancing of our Previous ABL Facility.

In 2010, we recognized $7.8 million in restructuring costs. Results for the fourth quarter of 2010 include a $7.4 million write-off of debt issuance costs related to the issuance of our 2018 Notes and subsequent redemption of other notes.