Quarterly Results Of Operations

12 Months Ended

Sep. 30, 2012

Quarterly Results Of Operations [Abstract]

Quarterly Results Of Operations

N.  Quarterly Results of Operations (Unaudited) 

The table below sets forth the unaudited consolidated operating results by fiscal quarter for the years ended September 30, 2012 and 2011 (in thousands, except per share data):

	2012 Quarters
	First	Second	Third	Fourth	2012
Revenues	$ 157,456	$ 181,486	$ 194,093	$ 184,159	$ 717,194
Gross profit	20,378	34,237	43,843	41,480	139,938
Net income (loss)	(1,745)	7,411	12,138	11,853	29,657
Basic earnings (loss) per share	(0.15)	0.63	1.03	0.99	2.50
Diluted earnings (loss) per share	(0.15)	0.63	1.02	0.99	2.49
	2011 Quarters
	First	Second	Third	Fourth	2011
Revenues	$ 124,674	$ 125,111	$ 141,369	$ 171,243	$ 562,397
Gross profit	25,865	24,877	21,864	27,324	99,930
Net income (loss)	2,432	1,733	73	(6,953)	(2,715)
Basic earnings (loss) per share	0.21	0.15	0.01	(0.59)	(0.23)
Diluted earnings (loss) per share	0.21	0.15	0.01	(0.59)	(0.23)

The sum of the individual earnings per share amounts may not agree with year-to-date earnings per share as each period’s computation is based on the weighted-average number of shares outstanding during the period. 

Income before income taxes includes a $1.2 million gain recorded in the second quarter of fiscal 2011 resulting from cash received from the sale of our 50% equity investment in Kazakhstan.  Income before taxes for fiscal 2011 includes an impairment charge of $7.2 million, which was recorded in the fourth quarter, to reflect the impairment for the value of the intangible assets that were recorded in relation to the acquisition of Powell Canada.