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Selected Quarterly Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Selected Quarterly Data (Unaudited) [Abstract]  
Selected Quarterly Data
The following table shows selected quarterly data for 2014 and 2013, in thousands, except earnings per share.

 
 
 
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
 
 
 
 
2013 Quarters
 
 
 
  
  
  
 
 
 
1st
  
2nd
  
3rd
  
4th
 
 
 
  
  
  
 
Revenues
 
$
119,157
  
$
119,062
  
$
111,069
  
$
122,350
 
Contract costs
 
$
108,783
  
$
105,555
  
$
101,026
  
$
108,886
 
Operating income
 
$
9,942
  
$
12,701
  
$
9,460
  
$
12,000
 
Income from continuing operations
 
$
5,271
  
$
6,963
  
$
5,327
  
$
6,429
 
Loss income from discontinued operations
 
$
(13
)
 
$
(101
)
 
$
(1
)
 
$
(1,023
)
Net income
 
$
5,258
  
$
6,862
  
$
5,326
  
$
5,406
 
 
                
Basic earnings per share:
                
Income from continuing operations
 
$
0.99
  
$
1.31
  
$
1.00
  
$
1.20
 
Loss from discontinued operations
 
$
0.00
  
$
(0.02
)
 
$
0.00
  
$
(0.19
)
Net income
 
$
0.99
  
$
1.29
  
$
1.00
  
$
1.01
 
Basic weighted average shares outstanding
  
5,317
   
5,333
   
5,333
   
5,333
 
 
                
Diluted earnings per share:
                
Income from continuing operations
 
$
0.99
  
$
1.30
  
$
1.00
  
$
1.20
 
Loss from discontinued operations
 
$
-
  
$
(0.02
)
 
$
-
  
$
(0.19
)
Net income
 
$
0.99
  
$
1.28
  
$
1.00
  
$
1.01
 
Diluted weighted average shares outstanding
  
5,329
   
5,340
   
5,339
   
5,364