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Quarterly Information (Unaudited)
12 Months Ended
May. 31, 2015
Quarterly Information (Unaudited)
Quarterly Information (Unaudited)
Summarized quarterly financial data for fiscal 2015 and 2014 was as follows:
 
Total Revenues
 
Gross Profit 1
 
Income
Before Taxes
 
Net Income
 
Earnings per share
 
 
 
 
 
Basic
 
Diluted
Fiscal Year 2015
 
 
 
 
 
 
 
 
 
 
 
First Quarter
$
61,871

 
$
22,480

 
$
7,562

 
$
4,771

 
$
0.20

 
$
0.20

Second Quarter
59,703

 
20,825

 
7,696

 
4,795

 
0.20

 
0.20

Third Quarter
56,342

 
18,356

 
3,746

 
2,425

 
0.10

 
0.10

Fourth Quarter
60,413

 
20,580

 
5,646

 
3,441

 
0.14

 
0.14

Annual totals
$
238,329

 
$
82,241

 
$
24,650

 
$
15,432

 
$
0.63

 
$
0.63

Fiscal Year 2014
 
 
 
 
 
 
 
 
 
 
 
First Quarter
$
60,168

 
$
23,465

 
$
8,868

 
$
5,697

 
$
0.23

 
$
0.23

Second Quarter
57,876

 
23,138

 
8,999

 
5,581

 
0.23

 
0.23

Third Quarter
62,016

 
21,579

 
7,291

 
4,537

 
0.19

 
0.19

Fourth Quarter
61,077

 
22,877

 
7,368

 
4,593

 
0.19

 
0.19

Annual totals
$
241,137

 
$
91,059

 
$
32,526

 
$
20,408

 
$
0.84

 
$
0.84


1 
Gross profit is calculated as total revenues less depreciation of rental and lease equipment, costs of rentals and leases and costs of sales of equipment and other revenues.