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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2014
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
Schedule of selected quarterly financial data (unaudited)

The following table presents selected quarterly financial information for 2014 and 2013 (in thousands, except per share amounts):

 

 

 

2014

 

 

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Total

 

Net revenues

 

$

45,508 

 

$

47,803 

 

$

48,597 

 

$

45,859 

 

$

187,767 

 

Operating expenses

 

40,177 

 

42,335 

 

41,931 

 

41,105 

 

165,548 

 

Income from operations

 

5,331 

 

5,468 

 

6,666 

 

4,754 

 

22,219 

 

Net income

 

3,276 

 

3,024 

 

4,074 

 

3,811 

 

14,185 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.20 

 

$

0.18 

 

$

0.24 

 

$

0.23 

 

$

0.85 

 

Diluted

 

$

0.19 

 

$

0.18 

 

$

0.24 

 

$

0.22 

 

$

0.83 

 

 

 

 

2013

 

 

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Total

 

Net revenues

 

$

45,605 

 

$

49,651 

 

$

48,989 

 

$

44,504 

 

$

188,749 

 

Operating expenses

 

38,420 

 

39,483 

 

40,050 

 

40,341 

 

158,294 

 

Income from operations

 

7,185 

 

10,168 

 

8,939 

 

4,163 

 

30,455 

 

Net income

 

4,262 

 

6,120 

 

5,520 

 

2,059 

 

17,961 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.26 

 

$

0.38 

 

$

0.34 

 

$

0.12 

 

$

1.10 

 

Diluted

 

$

0.26 

 

$

0.37 

 

$

0.32 

 

$

0.12 

 

$

1.06