Unaudited Quarterly Financial Data

12 Months Ended

Dec. 31, 2013

Unaudited Quarterly Financial Data

Unaudited Quarterly Financial Data

[12] Unaudited Quarterly Financial Data

The following table presents selected unaudited quarterly financial data for each full quarterly period of 2013 and 2012:

(in thousands, except per share amounts)

	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 (loss) from construction operations	$	36,079	$	39,474	$	58,094	$	70,175
Income (loss) before income taxes	$	23,916	$	25,157	$	37,035	$	53,507
Net (loss) income	$	14,800	$	15,478	$	23,759	$	33,259
(Loss) earnings per share:
Basic	$	0.31	$	0.32	$	0.50	$	0.69
Diluted	$	0.31	$	0.32	$	0.49	$	0.68

	First			Second			Third		Fourth
Year ended December 31, 2012	Quarter			Quarter			Quarter		Quarter
Revenues	$	912,534		$	985,346		$	1,099,393	$	1,114,198
Gross profit	$	86,159		$	87,061		$	115,463	$	126,449
Income from construction operations	$	16,963		$	(354,174	)(a)	$	54,676	$	60,724
Income before income taxes	$	3,573		$	(363,695	)	$	44,182	$	48,098
Net income	$	(1,203	)	$	(348,423	)	$	42,591	$	41,635
Earnings per share:
Basic	$	(0.03	)	$	(7.35	)	$	0.90	$	0.88
Diluted	$	(0.03	)	$	(7.35	)	$	0.88	$	0.86

(a) includes pre-tax goodwill and intangible asset impairment of $376.6 million.