Annual report pursuant to section 13 and 15(d)

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

v2.4.0.6
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
12 Months Ended
Dec. 31, 2011
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]  
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)
NOTE 17 - QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The quarterly results of operations shown below are derived from unaudited financial statements for the eight quarters ended December 31, 2011 (in thousands, except per share data):

   
Year Ended December 31, 2011
 
   
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
   
Total
 
                               
Revenues
  $ 33,756     $ 42,738     $ 61,545     $ 61,478     $ 199,517  
Gross profit
    3,292       3,248       9,216       10,160       25,916  
Net income
    257       159       3,937       4,077       8,430  
Basic EPS
  $ 0.01     $ 0.01     $ 0.16     $ 0.17     $ 0.35  
Diluted EPS
  $ 0.01     $ 0.01     $ 0.16     $ 0.17     $ 0.35  

   
Year Ended December 31, 2010
 
   
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
   
Total
 
                               
Revenues
  $ 31,995     $ 36,542     $ 37,050     $ 33,523     $ 139,110  
Gross profit
    3,726       3,717       5,418       4,354       17,215  
Net income
    404       2       1,671       609       2,686  
Basic EPS
  $ 0.02     $ 0.00     $ 0.07     $ 0.02     $ 0.11  
Diluted EPS
  $ 0.02     $ 0.00     $ 0.07     $ 0.02     $ 0.11