| Schedule of Quarterly Financial Data |
The following is a summary of the unaudited financial data for each
quarter for the years ended December 31, 2013 and 2012. (in
thousands except per share data):
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| |
|
Three Months Ended |
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| |
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March 31, |
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|
June 30, |
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|
September 30, |
|
|
December 31, |
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| |
|
2013 |
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|
2013 |
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|
2013 |
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|
2013 |
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|
Year Ended December 31, 2013:
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$ |
78,897 |
|
|
$ |
89,116 |
|
|
$ |
89,085 |
|
|
$ |
92,681 |
|
|
Operating expenses
|
|
|
(68,885 |
) |
|
|
(74,389 |
) |
|
|
(70,055 |
) |
|
|
(270,318 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from operations
|
|
|
10,012 |
|
|
|
14,727 |
|
|
|
19,030 |
|
|
|
(177,637 |
) |
|
Net income (loss)
|
|
|
(3,049 |
) |
|
|
9,023 |
|
|
|
(2,674 |
) |
|
|
(117,106 |
) |
|
Earnings (loss) per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$ |
(0.05 |
) |
|
$ |
0.14 |
|
|
$ |
(0.04 |
) |
|
$ |
(1.60 |
) |
|
Diluted
|
|
$ |
(0.05 |
) |
|
$ |
0.14 |
|
|
$ |
(0.04 |
) |
|
$ |
(1.60 |
) |
|
Weighted average common shares outstanding:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
|
59,802 |
|
|
|
66,782 |
|
|
|
73,100 |
|
|
|
73,123 |
|
|
Diluted
|
|
|
59,802 |
|
|
|
66,782 |
|
|
|
73,100 |
|
|
|
73,123 |
|
|
|
| |
|
Three Months Ended |
|
| |
|
March
31, |
|
|
June 30, |
|
|
September
30, |
|
|
December
31, |
|
| |
|
2012 |
|
|
2012 |
|
|
2012 |
|
|
2012 |
|
|
Year Ended December 31, 2012:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$ |
63,540 |
|
|
$ |
64,479 |
|
|
$ |
63,393 |
|
|
$ |
66,856 |
|
|
Operating expenses
|
|
|
(49,684 |
) |
|
|
(53,856 |
) |
|
|
(56,018 |
) |
|
|
(58,526 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from operations
|
|
|
13,856 |
|
|
|
10,623 |
|
|
|
7,375 |
|
|
|
8,330 |
|
|
Net income (loss)
|
|
|
(742 |
) |
|
|
22,822 |
|
|
|
(2,479 |
) |
|
|
(1,625 |
) |
|
Earnings (loss) per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$ |
(0.01 |
) |
|
$ |
0.38 |
|
|
$ |
(0.04 |
) |
|
$ |
(0.03 |
) |
|
Diluted
|
|
$ |
(0.01 |
) |
|
$ |
0.37 |
|
|
$ |
(0.04 |
) |
|
$ |
(0.03 |
) |
|
Weighted average common shares outstanding:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
|
59,400 |
|
|
|
59,405 |
|
|
|
59,431 |
|
|
|
59,447 |
|
|
Diluted
|
|
|
59,400 |
|
|
|
60,865 |
|
|
|
59,431 |
|
|
|
59,447 |
|
|