| Summary of quarterly financial data for the periods |
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Three Months Ended |
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March 31 |
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June 30 |
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September 30 |
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December 31 |
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2012
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Gross collections
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$ |
231,028 |
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$ |
240,560 |
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$ |
245,977 |
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$ |
230,490 |
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Revenues
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126,405 |
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141,063 |
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144,792 |
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143,612 |
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Total operating expenses
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91,394 |
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102,809 |
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103,621 |
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103,872 |
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Income from continuing operations, net of tax
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18,108 |
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18,988 |
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21,308 |
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20,167 |
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Loss from discontinued operations, net of tax
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(6,702 |
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(2,392 |
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— |
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— |
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Net income
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11,406 |
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16,596 |
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21,308 |
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20,167 |
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Basic earnings (loss) per share from:
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Continuing operations
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$ |
0.73 |
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$ |
0.76 |
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$ |
0.85 |
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$ |
0.82 |
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Discontinued operations
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$ |
(0.27 |
) |
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$ |
(0.09 |
) |
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$ |
0.00 |
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$ |
0.00 |
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Net basic earnings per share
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$ |
0.46 |
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$ |
0.67 |
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$ |
0.85 |
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$ |
0.82 |
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Diluted earnings (loss) per share from:
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Continuing operations
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$ |
0.70 |
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$ |
0.74 |
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$ |
0.82 |
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$ |
0.79 |
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Discontinued operations
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$ |
(0.26 |
) |
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$ |
(0.10 |
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$ |
0.00 |
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$ |
0.00 |
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Net diluted earnings per share
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$ |
0.44 |
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$ |
0.64 |
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$ |
0.82 |
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$ |
0.79 |
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2011
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Gross collections
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$ |
191,073 |
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$ |
195,081 |
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$ |
189,058 |
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$ |
185,946 |
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Revenues
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105,326 |
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111,093 |
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115,843 |
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116,452 |
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Total operating expenses
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78,227 |
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81,518 |
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85,182 |
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83,639 |
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Income from continuing operations, net of tax
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13,282 |
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14,766 |
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15,310 |
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17,235 |
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Income (loss) from discontinued operations, net of tax
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397 |
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9 |
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60 |
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(101 |
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Net income
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13,679 |
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14,775 |
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15,370 |
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17,134 |
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Basic earnings (loss) per share from:
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Continuing operations
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$ |
0.55 |
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$ |
0.60 |
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$ |
0.62 |
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$ |
0.70 |
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Discontinued operations
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$ |
0.01 |
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$ |
0.00 |
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$ |
0.00 |
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$ |
(0.01 |
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Net basic earnings per share
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$ |
0.56 |
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$ |
0.60 |
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$ |
0.62 |
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$ |
0.69 |
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Diluted earnings per share from:
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Continuing operations
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$ |
0.52 |
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$ |
0.58 |
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$ |
0.60 |
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$ |
0.67 |
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Discontinued operations
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$ |
0.02 |
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$ |
0.00 |
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$ |
0.00 |
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$ |
0.00 |
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Net diluted earnings per share
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$ |
0.54 |
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$ |
0.58 |
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$ |
0.60 |
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$ |
0.67 |
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