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QUARTERLY DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2011
QUARTERLY DATA (UNAUDITED) [Abstract]  
Quarterly Data Unaudited (Unaudited) [Text Block]
QUARTERLY DATA (UNAUDITED)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(in thousands except per share amounts)
2011
 
 
 
 
 
 
 
Revenues
$
434,962

 
$
447,235

 
$
556,053

 
$
545,886

Cost of revenues (1)
312,577

 
307,754

 
386,518

 
373,142

Gross profit
122,385

 
139,481

 
169,535

 
172,744

Income from operations
39,742

 
51,884

 
66,792

 
59,247

Other income
2,899

 
2,868

 
164

 
471

Net income
22,730

 
29,156

 
37,133

 
38,233

Basic income per share
0.43

 
0.55

 
0.70

 
0.72

Diluted income per share
0.43

 
0.55

 
0.70

 
0.72

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(in thousands except per share amounts)
2010
 
 
 
 
 
 
 
Revenues
$
354,896

 
$
471,639

 
$
487,651

 
$
417,058

Cost of revenues (1)
260,417

 
324,280

 
335,273

 
290,770

Gross profit
94,479

 
147,359

 
152,378

 
126,288

Income from operations
23,619

 
71,923

 
73,372

 
42,998

Other income (expense)
446

 
2,708

 
(669
)
 
310

Income from discontinued operations, net of tax
382

 
2,412

 

 

Net income
10,430

 
57,929

 
38,827

 
23,329

Basic income per share
0.20

 
1.10

 
0.74

 
0.44

Diluted income per share
0.20

 
1.10

 
0.73

 
0.44

______________________________________
(1)
Items shown separately on the statements of income consist of (i) accretion of environmental liabilities and (ii) depreciation and amortization.
Earnings per share are computed independently for each of the quarters presented. Accordingly, the 2011 and 2010 quarterly basic and diluted earnings per share do not equal the total computed for the year.