SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2013

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

14. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected quarterly financial data for each of the four quarters in years 2013 and 2012 is as follows (in thousands, except per share data):

Year 2013	First Quarter		Second Quarter		Third Quarter		Fourth Quarter

Revenues	$	25,143	$	25,352	$	24,876	$	50,131
Gross margin		7,523		7,535		7,238		14,226
Net income		960		819		833		1,341
Basic income per share		0.11		0.09		0.09		0.15
Diluted income per share		0.11		0.09		0.09		0.15

Year 2012	First Quarter		Second Quarter		Third Quarter		Fourth Quarter

Revenues	$	26,847	$	26,836	$	24,316	$	23,969
Gross margin		7,637		8,151		7,099		6,753
Net income		1,158		1,817		1,321		1,101
Basic income per share		0.14		0.21		0.15		0.13
Diluted income per share		0.14		0.21		0.15		0.13

- 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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