Unaudited Quarterly Financial Data

12 Months Ended

Dec. 31, 2014

Unaudited Quarterly Financial Data

Unaudited Quarterly Financial Data

[11] Unaudited Quarterly Financial Data

The following table presents selected unaudited quarterly financial data for each full quarterly period of 2014 and 2013:

(in thousands, except per share amounts)

	First		Second		Third		Fourth
Year ended December 31, 2014	Quarter		Quarter		Quarter		Quarter
Revenues	$	955,233	$	1,084,510	$	1,250,689	$	1,201,877
Gross profit	$	105,347	$	129,531	$	140,841	$	129,723
Income from construction operations	$	41,497	$	65,443	$	70,354	$	64,396
Income before income taxes	$	27,293	$	47,612	$	58,616	$	53,917
Net income	$	15,939	$	28,545	$	35,730	$	27,722
Earnings per share:
Basic	$	0.33	$	0.59	$	0.74	$	0.57
Diluted	$	0.33	$	0.58	$	0.73	$	0.56

	First		Second			Third		Fourth
Year ended December 31, 2013	Quarter		Quarter			Quarter		Quarter
Revenues	$	992,928	$	1,053,065		$	1,030,388	$	1,099,291
Gross profit	$	100,357	$	105,955		$	120,857	$	139,735
Income from construction operations	$	36,079	$	39,474	(a)	$	58,094	$	70,175
Income before income taxes	$	23,916	$	25,157		$	37,035	$	53,507
Net income	$	14,800	$	15,478		$	23,759	$	33,259
Earnings per share:
Basic	$	0.31	$	0.32		$	0.50	$	0.69
Diluted	$	0.31	$	0.32		$	0.49	$	0.68