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Unaudited Quarterly Financial Data
12 Months Ended
Dec. 31, 2016
Unaudited Quarterly Financial Data [Abstract]  
Unaudited Quarterly Financial Data

12.     Unaudited Quarterly Financial Data



The following table presents selected unaudited quarterly financial data for each full quarterly period of 2016 and 2015:



(in thousands, except per share amounts)





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

First

 

Second

 

Third

 

Fourth

Year Ended December 31, 2016

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Revenues

 

$

1,085,369 

 

$

1,308,130 

 

$

1,332,978 

 

$

1,246,599 

Gross profit

 

 

105,092 

 

 

109,770 

 

 

124,668 

 

 

117,660 

Income from construction operations

 

 

40,122 

 

 

48,829 

 

 

60,919 

 

 

52,050 

Income before income taxes

 

 

26,724 

 

 

35,780 

 

 

47,926 

 

 

38,685 

Net income

 

 

15,400 

 

 

21,361 

 

 

28,801 

 

 

30,260 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.31 

 

$

0.43 

 

$

0.59 

 

$

0.62 

Diluted

 

 

0.31 

 

 

0.43 

 

 

0.57 

 

 

0.60 







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

First

 

Second

 

Third

 

Fourth

Year Ended December 31, 2015

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Revenues

 

$

1,066,465 

 

$

1,312,438 

 

$

1,340,739 

 

$

1,200,830 

Gross profit

 

 

90,759 

 

 

98,620 

 

 

100,201 

 

 

66,673 

Income from construction operations

 

 

20,084 

 

 

30,881 

 

 

38,974 

 

 

15,474 

Income before income taxes

 

 

8,205 

 

 

19,992 

 

 

33,955 

 

 

11,687 

Net income

 

 

5,126 

 

 

11,777 

 

 

19,677 

 

 

8,712 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.11 

 

$

0.24 

 

$

0.40 

 

$

0.18 

Diluted

 

 

0.10 

 

 

0.24 

 

 

0.40 

 

 

0.18