XML 75 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Financial Information
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information
. Quarterly Financial Information (Unaudited)
The following is a summary of the quarterly results of operations for the years ended December 31, 2014 and 2013 (in millions except per share data):
 
 
For the Three Months Ended
 
 
December 31
 
September 30
 
June 30
 
March 31
Year ended December 31, 2014
 
 
 
 
 
 
 
 
Revenues
 
$
84.3

 
$
69.0

 
$
58.8

 
$
47.1

Gross profit
 
59.4

 
47.2

 
39.9

 
29.8

Total operating expenses
 
57.8

 
52.2

 
45.7

 
42.1

Net income (loss)
 
1.3

 
(5.2
)
 
(6.0
)
 
(12.5
)
Basic net income (loss) per share (a)
 
$
0.02

 
$
(0.07
)
 
$
(0.08
)
 
$
(0.17
)
Diluted net income (loss) per share (a)
 
$
0.02

 
$
(0.08
)
 
$
(0.09
)
 
$
(0.17
)
Year ended December 31, 2013
 
 
 
 
 
 
 
 
Revenues
 
$
51.7

 
$
42.9

 
$
35.8

 
$
29.6

Gross profit
 
34.1

 
27.6

 
21.9

 
16.5

Total operating expenses
 
36.4

 
33.4

 
31.8

 
27.4

Net loss
 
(2.6
)
 
(6.0
)
 
(10.1
)
 
(11.1
)
Basic and diluted net loss per share
 
$
(0.04
)
 
$
(0.08
)
 
$
(0.14
)
 
$
(0.16
)

(a) Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.