Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

Note 17—Quarterly Financial Data (Unaudited)


	First Quarter			Second Quarter			Third Quarter			Fourth Quarter			Total
	(in thousands, except per share data)
2011
Revenue	$	52,905		$	55,918		$	75,058		$	74,904		$	258,785
Gross margin		21,145			22,244			30,717			31,714			105,820
Net income		10,374			2,126			17,917			991			31,408
Earnings per share (1):
Basic		0.15			0.05			0.38			0.02			0.60
Diluted		0.13			0.04			0.35			0.02			0.56

2010
Revenue	$	28,370		$	31,174		$	39,982		$	47,456		$	146,982
Gross margin		8,012			11,351			16,067			17,540			52,970
Net loss		(9,513	)		(6,162	)		(1,163	)		(26,627	)		(43,465	)
Loss per share (1):
Basic and diluted		(0.60	)		(0.28	)		(0.09	)		(0.95	)		(1.94	)

(1) The sum of the quarterly earnings (loss) per share applicable to common stockholders (basic and diluted) does not agree to the earnings (loss) per share for the year due to the timing of common stock issuances.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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