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Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)

(15)

QUARTERLY FINANCIAL INFORMATION (unaudited)

The following table contains selected financial information from unaudited statements of income for each quarter of 2015 and 2014.

 

 

Quarters Ended

 

 

 

2015

 

 

2014

 

 

 

Dec. 31 (a)

 

 

Sept. 30

 

 

June 30

 

 

Mar. 31

 

 

Dec. 31

 

 

Sept. 30

 

 

June 30

 

 

Mar. 31

 

Revenues

 

$

158,916

 

 

$

150,845

 

 

$

146,295

 

 

$

134,966

 

 

$

127,440

 

 

$

128,664

 

 

$

124,371

 

 

$

112,626

 

Gross profit

 

 

73,222

 

 

 

71,833

 

 

 

68,253

 

 

 

63,879

 

 

 

60,491

 

 

 

61,792

 

 

 

58,558

 

 

 

52,530

 

Income before income taxes

 

 

19,540

 

 

 

31,744

 

 

 

29,781

 

 

 

27,359

 

 

 

24,760

 

 

 

26,698

 

 

 

23,406

 

 

 

19,603

 

Net income

 

 

8,618

 

 

 

20,142

 

 

 

18,836

 

 

 

17,273

 

 

 

15,317

 

 

 

17,000

 

 

 

14,740

 

 

 

11,883

 

Earnings per diluted share

 

 

0.23

 

 

 

0.55

 

 

 

0.52

 

 

 

0.48

 

 

 

0.43

 

 

 

0.48

 

 

 

0.42

 

 

 

0.33

 

Shares used in computing diluted

   earnings per share

 

 

37,864

 

 

 

36,349

 

 

 

36,097

 

 

 

35,895

 

 

 

35,661

 

 

 

35,284

 

 

 

35,161

 

 

 

35,500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Operating results for the three months ended December 31, 2015, include $5.5 million for financial advisory, legal, accounting, due diligence, valuation and other services necessary to complete the NWS acquisition as well as $3.5 million amortization expense related to NWS acquisition intangibles.