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Summary of Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2014
Summary of Selected Quarterly Financial Data (Unaudited) [Abstract]  
Selected Quarterly Financial Data
The following is a summary of selected quarterly financial data for the previous two fiscal years (in thousands):

  
Quarters Ended
 
  
March 31
  
June 30
  
Sept. 30
  
Dec. 31
 
2014
        
Revenue
 
$
30,144
  
$
29,009
  
$
38,507
  
$
29,902
 
Gross profit
  
6,442
   
5,396
   
7,504
   
5,611
 
Loss before income taxes and non-controlling interest
  
(4,786
)
  
(5,384
)
  
(3,611
)
  
(2,819
)
Net loss attributable to Telos Corporation (1)
  
(5,559
)
  
(4,346
)
  
(774
)
  
(1,609
)
                 
2013
                
Revenue
 
$
47,578
  
$
55,214
  
$
49,279
  
$
55,323
 
Gross profit
  
8,018
   
8,884
   
8,799
   
12,899
 
(Loss) income before income taxes and non-controlling interest
  
(2,067
)
  
(502
)
  
(291
)
  
3,727
 
Net (loss) income attributable to Telos Corporation (1)(2)
  
(1,000
)
  
454
   
3,706
   
(5,778
)

(1)
Changes in net income are the result of several factors, including seasonality of the government year-end buying season, as well as the nature and timing of other deliverables.
(2)
ASC 740-270 requires the use of an annualized effective tax rate approach in estimating taxes for interim periods.  Changes in projected profits and losses can affect the effective tax rate from one period to another. The Company realized significant pre-tax profits during the fourth quarter which produced a tax provision of $9.1 million for the fourth quarter. Through the nine months ended September 30, 2013, the Company properly recorded a benefit for income taxes in accordance with applying the annualized effective tax rate approach to its nine months' pre-tax loss.