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Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2012
Unaudited Quarterly Financial Data [Abstract]  
Unaudited Quarterly Selected Financial Data
The following table presents unaudited quarterly selected financial data for each full quarterly period of 2012 and 2011:

(in thousands, except for per share amounts)

 
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 (loss) from construction operations
 
$
16,963
 
 
$
(354,174
)(a)
 
$
54,676
 
 
$
60,724
 
Income (loss) before income taxes
 
$
3,573
 
 
$
(363,695
)
 
$
44,182
 
 
$
48,098
 
Net (loss) income
 
$
(1,203
)
 
$
(348,423
)
 
$
42,591
 
 
$
41,635
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Loss) earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
(0.03
)
 
$
(7.35
)(a)
 
$
0.90
 
 
$
0.88
 
Diluted
 
$
(0.03
)
 
$
(7.35
)
 
$
0.88
 
 
$
0.86
 
 
 
Year ended December 31, 2011
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
 
Quarter
 
 
Quarter
 
 
Quarter
 
 
Quarter
 
Revenues
 
$
615,289
 
 
$
819,858
 
 
$
1,166,410
 
 
$
1,114,760
 
Gross profit
 
$
62,463
 
 
$
87,210
 
 
$
120,355
 
 
$
125,313
 
Income from construction operations
 
$
18,513
 
 
$
37,035
 
 
$
62,036
 
 
$
50,792
 
Income before income taxes
 
$
10,911
 
 
$
31,015
 
 
$
56,333
 
 
$
38,788
 
Net income
 
$
6,929
 
 
$
19,694
 
 
$
35,477
 
 
$
24,048
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.15
 
 
$
0.42
 
 
$
0.75
 
 
$
0.51
 
Diluted
 
$
0.14
 
 
$
0.41
 
 
$
0.74
 
 
$
0.50
 

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