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Quarterly Results Of Operations
12 Months Ended
Sep. 30, 2013
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, 2013 and 2012 (in thousands, except per share data):

 

 

2013 Quarters

 

 

First

 

 

Second

 

  

Third

 

  

Fourth

 

  

2013

 

Revenues             

$

  153,941

  

 

$

  153,915

  

  

$

  179,519

  

  

$

  187,397

  

  

$

  674,772

  

Gross profit             

 

  33,784

  

 

 

  31,715

  

  

 

  38,485

  

  

 

  42,852

 

  

 

  146,836

 

Net income             

 

  7,385

  

 

 

  6,818

  

  

 

  9,305

  

  

 

  18,568

 

  

 

  42,076

 

Earnings per share: (1)

 

 

 

 

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Basic             

$

  0.62

  

 

$

  0.57

  

  

$

  0.78

  

  

$

  1.55

 

  

$

  3.52

 

Diluted             

 

  0.62

  

 

 

  0.57

  

  

 

  0.77

  

  

 

  1.54

 

  

 

  3.51

 

 

(1)              The increase in earnings per share for the fourth quarter of Fiscal 2013 was primarily driven by the release of our Canadian valuation allowance.  For an explanation of the effective tax rate in Fiscal 2013, see Note H.

 

 

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

  

Earnings per share

 

 

 

 

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Basic             

$

(0.15

) 

 

$

  0.63

  

  

$

  1.03

  

  

$

  0.99

  

  

$

  2.50

  

Diluted             

 

(0.15

) 

 

 

  0.63

  

  

 

  1.02

  

  

 

  0.99

  

  

 

  2.49

  

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.