Quarterly Financial Data (Unaudited) |
22. |
Quarterly Financial Data (Unaudited) |
Quarterly results for the years ended December 31, 2011 and 2010 were as follows:
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2011 |
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First |
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Second |
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Third |
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Fourth |
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Total revenues
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$ |
29,262 |
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$ |
31,334 |
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$ |
32,040 |
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$ |
30,542 |
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Income from operations
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2,554 |
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3,151 |
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3,226 |
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2,445 |
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Net income
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1,404 |
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2,447 |
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1,925 |
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1,829 |
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Net income attributable to common stockholders
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1,404 |
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2,447 |
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1,925 |
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1,829 |
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Net income per share attributable to common stockholders
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Basic
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0.04 |
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0.08 |
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0.06 |
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0.06 |
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Diluted
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0.04 |
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0.07 |
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0.06 |
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0.06 |
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2010 |
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First |
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Second |
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Third |
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Fourth |
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Total revenues
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$ |
21,632 |
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$ |
24,247 |
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$ |
24,570 |
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$ |
27,603 |
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Income (loss) from operations (1) (2)
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(2,670 |
) |
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789 |
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1,247 |
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1,944 |
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Net income (loss)
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(2,511 |
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393 |
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625 |
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867 |
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Net income (loss) attributable to common stockholders
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(2,689 |
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107 |
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485 |
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867 |
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Net income (loss) per share attributable to common stockholders
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Basic
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(0.21 |
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0.01 |
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0.02 |
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0.03 |
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Diluted
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(0.21 |
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0.01 |
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0.02 |
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0.03 |
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Notes:
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(1) |
Included in income (loss) from operations for the first quarter, second quarter and third quarter of 2010 is $724, $1,124 and $85, respectively, of legal expenses
related to the Fetter Logic litigation. See Note 17. |
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(2) |
Included in income (loss) from operations for the first quarter of 2010 is $2,668, respectively, of bad debt expense related to the write-off of receivables from Fetter
Logic. |
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