Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income (Unaudited)

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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Services $ 102,668 $ 144,614 $ 208,646 $ 292,861
Products 36,496 13,932 74,859 16,929
Total revenues 139,164 158,546 283,505 309,790
Contract costs:        
Services 95,694 137,611 195,995 279,037
Products 30,059 11,733 61,201 13,821
Total contract costs 125,753 149,344 257,196 292,858
Selling, general and administrative expenses 1,379 1,929 1,934 2,750
Operating income 12,032 7,273 24,375 14,182
Interest expense, net 1,852 440 3,384 584
Income before income taxes 10,180 6,833 20,991 13,598
Provision for income taxes 3,885 2,622 8,028 5,215
Net income $ 6,295 $ 4,211 $ 12,963 $ 8,383
Basic weighted average shares outstanding 5,286,706 5,237,337 5,276,902 5,225,899
Basic earnings per share (in dollars per share) $ 1.19 $ 0.80 $ 2.46 $ 1.60
Diluted weighted average shares outstanding 5,312,379 5,268,285 5,302,455 5,225,147
Diluted earnings per share (in dollars per share) $ 1.18 $ 0.80 $ 2.44 $ 1.60
Dividends declared per share $ 0.08 $ 0.07 $ 0.15 $ 0.13