Note 16 - Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Quarterly Financial Information [Text Block]

16. Quarterly Financial Data (unaudited)

The table below summarizes the Company’s unaudited quarterly operating results for the last two fiscal years (

in thousands, except per share amounts

).

Year ended December 31, 2015	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Revenue	$	110,324	$	116,934	$	118,444	$	128,514
Operating income	$	7,981	$	11,752	$	13,016	$	14,823
Net income	$	3,522	$	5,418	$	6,862	$	8,725
Net income per common share - basic	$	0.04	$	0.06	$	0.08	$	0.10
Net income per common share - diluted	$	0.04	$	0.06	$	0.08	$	0.10
Cost of services - compensation expense, as reported	$	42,726	$	42,303	$	42,330	$	46,694
Cost of services - compensation expense, as revised	$	44,067	$	43,883	$	43,628
Selling, general and administrative expenses, as reported	$	21,302	$	20,863	$	21,399	$	22,582
Selling, general and administrative expenses, as revised	$	19,961	$	19,283	$	21,295

Year ended December 31, 2014	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Revenue	$	104,707	$	112,561	$	113,796	$	112,161
Operating income (loss)	$	7,797	$	12,558	$	13,940	$	(91	)
Net income (loss)	$	3,353	$	6,038	$	6,950	$	(2,394	)
Net income (loss) per common share - basic	$	0.04	$	0.07	$	0.08	$	(0.03	)
Net income (loss) per common share - diluted	$	0.04	$	0.07	$	0.08	$	(0.03	)
Cost of services - compensation expense, as reported	$	46,921	$	43,130	$	42,375	$	43,772
Cost of services - compensation expense, as revised	$	48,038	$	44,380	$	43,464	$	45,391
Selling, general and administrative expenses, as reported	$	16,489	$	19,023	$	19,334	$	24,117
Selling, general and administrative expenses, as revised	$	15,372	$	18,256	$	18,297	$	29,146