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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Data (Unaudited) [Abstract]  
Quarterly Financial Data (Unaudited)

(16)  Quarterly Financial Data (Unaudited):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

First Quarter

 

Second Quarter

 

Third Quarter

 

Fourth Quarter

 

Total Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$ 
1,205,396 

 

$
1,190,533 

 

$
1,185,278 

 

$
1,180,369 

 

$
4,761,576 

Operating income

 

 
250,824 

 

 
266,156 

 

 
206,172 

 

 
257,569 

 

 
980,721 

Net income (loss) attributable to common

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

 

 
48,140 

 

 
(38,460)

 

 
35,400 

 

 
67,755 

 

 
112,835 

Basic net income (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

attributable to common shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of Frontier

 

$
0.05 

 

$
(0.04)

 

$
0.04 

 

$
0.07 

 

$
0.11 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

First Quarter

 

Second Quarter

 

Third Quarter

 

Fourth Quarter

 

Total Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$ 
1,268,054 

 

$
1,258,777 

 

$
1,252,469 

 

$
1,232,553 

 

$
5,011,853 

Operating income

 

 
208,458 

 

 
267,784 

 

 
275,196 

 

 
235,730 

 

 
987,168 

Net income attributable to common

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

shareholders of Frontier

 

 
26,768 

 

 
17,989 

 

 
67,000 

 

 
24,879 

 

 
136,636 

Basic net income per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

attributable to common shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of Frontier

 

$
0.03 

 

$
0.02 

 

$
0.07 

 

$
0.02 

 

$
0.14 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The quarterly net income per common share amounts are rounded to the nearest cent.  Annual net income per common share may vary depending on the effect of such rounding.

 

We recognized $9.7 million ($6.1 million or $0.01 per share after tax)  of acquisition costs during the fourth quarter of 2013. 

 

We recognized $40.3 million ($25.0 million or $0.03 per share after tax) and $3.9 million ($2.4 million after tax) of pension settlement costs in the third and fourth quarters of 2013, respectively.

 

We recognized $159.8 million ($98.9 million or $0.10 per share after tax)  of losses on early extinguishment of debt during the second quarter of 2013. 

 

We recognized $35.1 million ($21.7 million or $0.02 per share after tax), $28.6 million ($18.1 million or $0.02 per share after tax), $4.5 million ($2.9 million after tax), and $13.5 million ($9.1 million or $0.01 per share after tax) of integration costs during the first, second, third and fourth quarters of 2012, respectively.

 

We recognized $70.8 million ($44.5 million or $0.04 per share after tax), $0.2 million ($0.2 million after tax) and $19.3 million ($12.1 million or $0.01 per share after tax) of losses on early extinguishment of debt during the second, third and fourth quarters of 2012, respectively.