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Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Data (Unaudited) [Abstract]

20. QUARTERLY FINANCIAL DATA (UNAUDITED)

The following tables contain selected unaudited statement of operations information for each quarter of 2011 and 2010. The following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period. Our business is affected by seasonality.

Unaudited quarterly results are as follows:

		September 30,		September 30,		September 30,		September 30,
	2011 Quarter Ended⁽¹⁾
(in thousands, except per share data)	December 31,		September 30,		June 30,		March 31,

Revenue	$	131,956	$	109,793	$	93,268	$	88,670
Gross Profit		47,492		36,454		30,171		33,721
Income Before Income Taxes and
Non-controlling Interests		30,757		20,805		16,537		17,811
Net Income		28,191		18,962		14,690		16,124
Net Income Attributable to Altisource		25,731		17,171		13,385		14,825

Net Income Per Share
Basic	$	1.09	$	0.71	$	0.54	$	0.60
Diluted	$	1.02	$	0.67	$	0.52	$	0.57
Weighted Average Shares Outstanding
Basic		23,692		24,341		24,625		24,845
Diluted		25,142		25,489		25,773		25,928

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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