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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2015
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
Schedule of selected quarterly financial data (unaudited)

 

The following table presents selected quarterly financial information for 2015 and 2014 (in thousands, except per share amounts):

 

 

 

2015

 

 

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Total

 

Net revenues

 

$

47,171 

 

$

50,013 

 

$

53,576 

 

$

51,485 

 

$

202,245 

 

Operating expenses

 

40,700 

 

41,965 

 

43,527 

 

43,498 

 

169,690 

 

Income from operations

 

6,471 

 

8,048 

 

10,049 

 

7,987 

 

32,555 

 

Net income

 

4,043 

 

5,099 

 

6,394 

 

5,123 

 

20,659 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.24 

 

$

0.30 

 

$

0.38 

 

$

0.30 

 

$

1.22 

 

Diluted

 

$

0.24 

 

$

0.29 

 

$

0.37 

 

$

0.29 

 

$

1.19 

 

 

 

 

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