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QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2011
QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 14—QUARTERLY FINANCIAL DATA (UNAUDITED)

The following tables set forth selected unaudited quarterly financial information for the years ended December 31, 2011 and 2010:

 

     Quarter Ended  

Year Ended December 31, 2011

   March 31,
2011
     June 30,
2011
     September 30,
2011
     December 31,
2011
 
     (In thousands, except per share amounts)  

Revenues

   $ 899,240       $ 849,801       $ 879,894       $ 816,175   

Operating income

   $ 100,298       $ 83,779       $ 35,216       $ 31,430   

Income from continuing operations, less noncontrolling interest

   $ 68,758       $ 63,718       $ 9,764       $ 9,302   

Income (loss) from discontinued operations, net of tax

     1,662         3,610         1,187         (19,271
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income(1)

   $ 70,420       $ 67,328       $ 10,951       $ (9,969
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     Per Share Data  

Basic earnings per common share:

           

Income from continuing operations, less noncontrolling interest

     0.29         0.27         0.04         0.04   

Income (loss) from discontinued operations, net of tax

     0.01         0.02         0.01         (0.08 )

Net income

     0.30         0.29         0.05         (0.04 )

Diluted earnings per common share:

           

Income from continuing operations, less noncontrolling interest

     0.29         0.27         0.04         0.04   

Income (loss) from discontinued operations, net of tax

     0.01         0.02         0.01         (0.08 )

Net income

     0.30         0.28         0.05         (0.04 )

 

(1) See Note 2 for discussion on discontinued operations and other items.

 

    Quarter Ended  

Year Ended December 31, 2010

  March 31,
2010
    June 30,
2010
    September 30,
2010
    December 31,
2010
 
    (In thousands, except per share amounts)  

Revenues

  $ 504,882      $ 627,144      $ 732,095      $ 539,622   

Operating income

  $ 73,187      $ 98,142      $ 84,303      $ 59,273   

Income from continuing operations, less noncontrolling interest

  $ 51,562      $ 78,691      $ 60,833      $ 45,480   

Income (loss) from discontinued operations, net of tax

    8,379        (2,657     (40,030     (592
 

 

 

   

 

 

   

 

 

   

 

 

 

Net income

  $ 59,941      $ 76,034      $ 20,803      $ 44,888   
 

 

 

   

 

 

   

 

 

   

 

 

 

 

     Per Share Data  

Basic earnings per common share:

         

Income from continuing operations, less noncontrolling interest

     0.22         0.34        0.26        0.20   

Income (loss) from discontinued operations, net of tax

     0.04         (0.01     (0.17     —     

Net income

     0.26         0.33        0.09        0.19   

Diluted earnings per common share:

         

Income from continuing operations, less noncontrolling interest

     0.22         0.34        0.26        0.19   

Income (loss) from discontinued operations, net of tax

     0.04         (0.01     (0.17     —     

Net income

     0.26         0.32        0.09        0.19