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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Unaudited quarterly results
The following table sets forth selected unaudited quarterly results for the eight quarters commencing January 1, 2013 and ending December 31, 2014 (in thousands):

 
 
2014 Quarter Ended
 
2013 Quarter Ended
 
 
Dec. 31
 
Sept. 30(1)
 
Jun. 30
 
Mar. 31
 
Dec. 31
 
Sept. 30(2)
 
Jun. 30
 
Mar. 31(3)
Revenue
 
$
479,927

 
$
499,577

 
$
489,472

 
$
449,507

 
$
435,453

 
$
464,055

 
$
465,255

 
$
438,606

Gross profit
 
$
99,018

 
$
123,757

 
$
120,415

 
$
101,451

 
$
87,486

 
$
110,677

 
$
114,294

 
$
96,923

Operating income
 
$
52,654

 
$
53,476

 
$
79,906

 
$
61,232

 
$
45,923

 
$
72,039

 
$
75,701

 
$
55,351

Net income
 
$
29,909

 
$
28,951

 
$
46,908

 
$
34,915

 
$
25,728

 
$
41,911

 
$
43,460

 
$
31,823

Net income attributable to VCA Inc.
 
$
28,359

 
$
27,452

 
$
45,584

 
$
34,043

 
$
24,717

 
$
40,647

 
$
41,662

 
$
30,485

Basic earnings per common share
 
$
0.34

 
$
0.32

 
$
0.52

 
$
0.39

 
$
0.28

 
$
0.46

 
$
0.47

 
$
0.34

Diluted earnings per common share
 
$
0.33

 
$
0.31

 
$
0.51

 
$
0.38

 
$
0.28

 
$
0.45

 
$
0.46

 
$
0.34


____________________________ 
(1) 
Included in the 2014 third quarter is a non-cash impairment charge of $27.0 million, or $0.20 per diluted share. The charge is primarily related to our Vetstreet reporting unit, see Note 5, Goodwill.

Additionally, the 2014 third quarter net income includes $1.7 million, or $0.01 per diluted share related to costs incurred in conjunction with the new senior credit facility we entered into during that period.

(2) 
Included in the 2013 third quarter is a non-cash physical inventory adjustment in our Animal Hospital business segment which resulted in a $2.8 million credit adjustment to direct costs, or $0.02 per diluted share.

(3) 
Included in the 2013 first quarter we recorded a write-down to net realizable value of $1.8 million, or $0.01 per diluted share, related to a vacant property that was held for sale and accrued costs totaling $2.0 million, or $0.01 per diluted share related to a vacant leased property.