| Selected Quarterly Data (Unaudited) |
(17) Selected Quarterly Data (Unaudited)
The following table shows selected quarterly data for 2015 and 2014, in thousands, except earnings per share.
| |
|
2015 Quarters |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
1st |
|
|
2nd |
|
|
3rd |
|
|
4th |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
|
$ |
120,791 |
|
|
$ |
131,126 |
|
|
$ |
137,396 |
|
|
$ |
144,669 |
|
Contract costs |
|
$ |
108,948 |
|
|
$ |
118,672 |
|
|
$ |
123,652 |
|
|
$ |
128,883 |
|
Operating income |
|
$ |
10,684 |
|
|
$ |
11,496 |
|
|
$ |
13,243 |
|
|
$ |
15,116 |
|
Income from continuing operations |
|
$ |
5,220 |
|
|
$ |
5,479 |
|
|
$ |
6,474 |
|
|
$ |
7,745 |
|
Net income |
|
$ |
5,220 |
|
|
$ |
5,479 |
|
|
$ |
6,474 |
|
|
$ |
7,745 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations |
|
$ |
0.97 |
|
|
$ |
1.02 |
|
|
$ |
1.20 |
|
|
$ |
1.44 |
|
Net income |
|
$ |
0.97 |
|
|
$ |
1.02 |
|
|
$ |
1.20 |
|
|
$ |
1.44 |
|
Basic weighted average shares outstanding |
|
|
5,370 |
|
|
|
5,375 |
|
|
|
5,375 |
|
|
|
5,375 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted earnings per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations |
|
$ |
0.97 |
|
|
$ |
1.02 |
|
|
$ |
1.20 |
|
|
$ |
1.43 |
|
Net income |
|
$ |
0.97 |
|
|
$ |
1.02 |
|
|
$ |
1.20 |
|
|
$ |
1.43 |
|
Diluted weighted average shares outstanding |
|
|
5,380 |
|
|
|
5,391 |
|
|
|
5,396 |
|
|
|
5,407 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
2014 Quarters |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
1st |
|
|
2nd |
|
|
3rd |
|
|
4th |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
|
$ |
119,409 |
|
|
$ |
107,962 |
|
|
$ |
101,749 |
|
|
$ |
94,951 |
|
Contract costs |
|
$ |
107,611 |
|
|
$ |
96,481 |
|
|
$ |
93,388 |
|
|
$ |
85,521 |
|
Operating income |
|
$ |
11,357 |
|
|
$ |
10,703 |
|
|
$ |
7,183 |
|
|
$ |
7,687 |
|
Income from continuing operations |
|
$ |
6,269 |
|
|
$ |
5,944 |
|
|
$ |
3,887 |
|
|
$ |
4,389 |
|
Loss from discontinued operations |
|
$ |
(615 |
) |
|
$ |
(279 |
) |
|
$ |
(4 |
) |
|
$ |
(226 |
) |
Net income |
|
$ |
5,654 |
|
|
$ |
5,665 |
|
|
$ |
3,883 |
|
|
$ |
4,163 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations |
|
$ |
1.17 |
|
|
$ |
1.11 |
|
|
$ |
0.73 |
|
|
$ |
0.82 |
|
Loss from discontinued operations |
|
$ |
(0.12 |
) |
|
$ |
(0.05 |
) |
|
$ |
0.00 |
|
|
$ |
(0.04 |
) |
Net income |
|
$ |
1.05 |
|
|
$ |
1.06 |
|
|
$ |
0.73 |
|
|
$ |
0.78 |
|
Basic weighted average shares outstanding |
|
|
5,347 |
|
|
|
5,356 |
|
|
|
5,356 |
|
|
|
5,356 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted earnings per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations |
|
$ |
1.17 |
|
|
$ |
1.11 |
|
|
$ |
0.72 |
|
|
$ |
0.82 |
|
Loss from discontinued operations |
|
$ |
(0.12 |
) |
|
$ |
(0.05 |
) |
|
$ |
0.00 |
|
|
$ |
(0.04 |
) |
Net income |
|
$ |
1.05 |
|
|
$ |
1.06 |
|
|
$ |
0.72 |
|
|
$ |
0.78 |
|
Diluted weighted average shares outstanding |
|
|
5,364 |
|
|
|
5,368 |
|
|
|
5,372 |
|
|
|
5,380 |
|
|