QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY DATA (UNAUDITED)

QUARTERLY DATA (UNAUDITED)

	First Quarter		Second Quarter			Third Quarter			Fourth Quarter(3)
	(in thousands except per share amounts)
2014
Revenues	$	846,667	$	858,480		$	851,465		$	845,024
Cost of revenues (1)	625,719		606,950			598,407			610,720
Gross profit	220,948		251,530			253,058			234,304
Income (loss) from operations	29,906		67,115			(42,748		)	57,537
Other income (expense)	4,178		(655		)	613			244
Net income	8,960		28,672			(93,337		)	27,377
Basic earnings (loss) per share (2)	0.15		0.47			(1.55		)	0.46
Diluted earnings (loss) per share (2)	0.15		0.47			(1.55		)	0.46

	First Quarter		Second Quarter		Third Quarter			Fourth Quarter
	(in thousands except per share amounts)
2013
Revenues	$	862,163	$	860,528	$	907,535		$	879,430
Cost of revenues (1)	636,024		614,326		647,119			645,164
Gross profit	226,139		246,202		260,416			234,266
Income from operations	34,828		53,243		73,608			58,877
Other income (expense)	525		1,655		(150		)	(325		)
Net income	10,502		22,902		35,361			26,801
Basic earnings per share (2)	0.17		0.38		0.58			0.44
Diluted earnings per share (2)	0.17		0.38		0.58			0.44

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(1) Items shown separately on the statements of income consist of (i) accretion of environmental liabilities and (ii) depreciation and amortization.

(2) Earnings per share are computed independently for each of the quarters presented. Accordingly, the quarterly basic and diluted earnings per share may not equal the total computed for the year.

(3) In the fourth quarter of 2014 an adjustment was recorded to correct income tax expense that was recorded in the third quarter of 2014 resulting in a benefit of approximately $5.4 million in the fourth quarter.