The following tables set forth unaudited financial information on a quarterly basis for each of the last two years. Second quarter 2014 includes a gain of $280.1 million from the Conger Exchange. General and administrative expense in first quarter 2013 includes a $35.0 million Drummond lawsuit settlement accrual. Second quarter 2013 includes an additional $52.5 million related to the Drummond legal settlement. Second quarter 2013 also includes a gain of $79.4 million from the sale of our Delaware and Permian basin properties in southeast New Mexico and West Texas. The fourth quarter 2013 deferred tax expense includes a $21.2 million benefit for state apportionment rate adjustments (in thousands, except per share data):

	2014
	March			June			September			December			Total
Revenues and other income:
Natural gas, NGLs and oil sales	$	572,017		$	477,517		$	446,067		$	416,388		$	1,911,989
Derivative fair value (loss) income		(146,850	)		(24,109	)		142,057			412,422			383,520
(Loss) gain on the sale of assets		(353	)		282,064			167			3,760			285,638
Brokered natural gas, marketing and other		32,528			30,052			28,324			39,644			130,548
Total revenue and other income		457,342			765,524			616,615			872,214			2,711,695
Costs and expenses:
Direct operating		39,795			34,935			37,792			37,961			150,483
Transportation, gathering and compression		74,161			76,809			84,777			89,542			325,289
Production and ad valorem taxes		11,678			10,844			10,110			11,923			44,555
Brokered natural gas and marketing		34,129			34,775			28,706			32,370			129,980
Exploration		14,846			13,621			11,443			23,638			63,548
Abandonment and impairment of unproved properties		9,995			9,332			13,444			14,308			47,079
General and administrative		49,212			56,888			54,963			52,363			213,426
Termination costs		—			—			—			8,371			8,371
Deferred compensation plan		(2,035	)		10,519			(46,198	)		(36,836	)		(74,550	)
Interest expense		45,401			45,488			39,188			38,900			168,977
Loss on early extinguishment of debt		—			24,596			—			—			24,596
Depletion, depreciation and amortization		128,682			133,361			142,450			146,539			551,032
Impairment of proved properties and other		—			24,991			—			3,033			28,024
Total costs and expenses		405,864			476,159			376,675			422,112			1,680,810
Income before income taxes		51,478			289,365			239,940			450,102			1,030,885
Income tax expense (benefit):
Current		6			(1	)		—			(4	)		1
Deferred		18,951			117,977			93,522			166,052			396,502
		18,957			117,976			93,522			166,048			396,503
Net income	$	32,521		$	171,389		$	146,418		$	284,054		$	634,382
Net income per common share:
Basic	$	0.20		$	1.04		$	0.87		$	1.68		$	3.81
Diluted	$	0.20		$	1.04		$	0.86		$	1.68		$	3.79

	2013
	March			June			September			December			Total
Revenues and other income:
Natural gas, NGLs and oil sales	$	398,239		$	437,678		$	431,214		$	448,545		$	1,715,676
Derivative fair value (loss) income		(99,875	)		137,760			(40,355	)		(59,355	)		(61,825	)
(Loss) gain on the sale of assets		(166	)		83,287			6,008			3,162			92,291
Brokered natural gas, marketing and other		21,041			14,631			45,171			35,734			116,577
Total revenue and other income		319,239			673,356			442,038			428,086			1,862,719
Costs and expenses:
Direct operating		30,188			32,636			30,907			34,360			128,091
Transportation, gathering and compression		62,416			66,048			60,958			66,820			256,242
Production and ad valorem taxes		11,383			11,113			11,454			11,290			45,240
Brokered natural gas and marketing		22,315			16,662			51,117			41,692			131,786
Exploration		16,780			13,068			20,496			14,065			64,409
Abandonment and impairment of unproved properties		15,218			19,156			11,692			5,852			51,918
General and administrative		84,058			101,987			44,919			60,207			291,171
Deferred compensation plan		42,360			(6,878	)		(2,225	)		22,039			55,296
Interest expense		42,210			45,071			44,321			44,955			176,557
Loss on early extinguishment of debt		¾			12,280			¾			¾			12,280
Depletion, depreciation and amortization		115,101			119,995			130,343			126,958			492,397
Impairment of proved properties and other		¾			741			7,012			¾			7,753
Total costs and expenses		442,029			431,879			410,994			428,238			1,713,140
(Loss) income before income taxes		(122,790	)		241,477			31,044			(152	)		149,579
Income tax (benefit) expense:
Current		25			(25	)		¾			(143	)		(143	)
Deferred		(47,205	)		97,519			11,866			(28,180	)		34,000
		(47,180	)		97,494			11,866			(28,323	)		33,857
Net (loss) income	$	(75,610	)	$	143,983		$	19,178		$	28,171		$	115,722
Net (loss) income per common share:
Basic	$	(0.47	)	$	0.88		$	0.12		$	0.17		$	0.71
Diluted	$	(0.47	)	$	0.88		$	0.12		$	0.17		$	0.70