QUARTERLY OPERATING RESULTS (UNAUDITED) |
NOTE 18 QUARTERLY OPERATING RESULTS (UNAUDITED)
Unaudited quarterly operating results are summarized as follows (in thousands, except per share data):
| | Three Months Ended (unaudited) | | | | March 31 | | | June 30 | | | Sept 30 | | | Dec. 31 | | 2011 | | | | | | | | | | | | | Revenues | | $ | 23,615 | | | $ | 28,913 | | | $ | 32,787 | | | $ | 33,295 | | Gross profit | | | 3,030 | | | | 8,049 | | | | 11,301 | | | | 6,408 | | (Loss) income from continuing operations | | | (533 | ) | | | 2,552 | | | | 4,421 | | | | 5,360 | | Income (loss) from discontinued operations, net of taxes | | | 212 | | | | (32 | ) | | | (187 | ) | | | 784 | | Gain (loss) on disposal of discontinued operations, net of taxes | | | - | | | | - | | | | 1,777 | | | | (268 | ) | Net income attributable to noncontrolling interest | | | - | | | | - | | | | - | | | | 22 | | Net (loss) income attributable to Perma-Fix Environmental | | | | | | | | | | | | | | | | | Services, Inc. common stockholders | | | (321 | ) | | | 2,520 | | | | 6,011 | | | | 5,854 | | | | | | | | | | | | | | | | | | | Basic net income (loss) per common share attributable to : | | | | | | | | | | | | | | | | | Perma-Fix Environmental Services, Inc. stockholders | | | | | | | | | | | | | | | | | Continuing operations | | | (.01 | ) | | | .05 | | | | .08 | | | | .09 | | Discontinued operations | | | - | | | | - | | | | - | | | | .01 | | Gain on disposal of discontinued operations, net of taxes | | | - | | | | - | | | | .03 | | | | - | | Net income (loss) per common share | | | (.01 | ) | | | .05 | | | | .11 | | | | .10 | | | | | | | | | | | | | | | | | | | Diluted net income (loss) per common share attributable to : | | | | | | | | | | | | | | | | | Perma-Fix Environmental Services, Inc. stockholders | | | | | | | | | | | | | | | | | Continued operations | | | (.01 | ) | | | .05 | | | | .08 | | | | .09 | | Discontinued operations | | | - | | | | - | | | | - | | | | .01 | | Gain on disposal of discontinued operations, net of taxes | | | - | | | | - | | | | .03 | | | | - | | Net income (loss) per common share | | | (.01 | ) | | | .05 | | | | .11 | | | | .10 | | | | | | | | | | | | | | | | | | | 2010 | | | | | | | | | | | | | | | | | Revenues | | $ | 23,566 | | | $ | 25,847 | | | $ | 22,864 | | | $ | 25,513 | | Gross profit | | | 4,943 | | | | 7,182 | | | | 2,595 | | | | 5,895 | | Income (loss) from continuing operations | | | 575 | | | | 2,116 | | | | (965 | ) | | | 1,545 | | Income (loss) from discontinued operations, net of taxes | | | 63 | | | | (670 | ) | | | (101 | ) | | | 45 | | Net (loss) income attributable to Perma-Fix Environmental | | | | | | | | | | | | | | | | | Services, Inc. common stockholders | | | 638 | | | | 1,446 | | | | (1,066 | ) | | | 1,590 | | | | | | | | | | | | | | | | | | | Basic net income (loss) per common share attributable to : | | | | | | | | | | | | | | | | | Perma-Fix Environmental Services, Inc. stockholders | | | | | | | | | | | | | | | | | Continuing operations | | | .01 | | | | .04 | | | | (.02 | ) | | | .03 | | Discontinued operations | | | - | | | | (.01 | ) | | | - | | | | - | | Net income (loss) per common share | | | .01 | | | | .03 | | | | (.02 | ) | | | .03 | | | | | | | | | | | | | | | | | | | Diluted net income (loss) per common share attributable to : | | | | | | | | | | | | | | | | | Perma-Fix Environmental Services, Inc. stockholders | | | | | | | | | | | | | | | | | Continued operations | | | .01 | | | | .04 | | | | (.02 | ) | | | .03 | | Discontinued operations | | | - | | | | (.01 | ) | | | - | | | | - | | Net income (loss) per common share | | | .01 | | | | .03 | | | | (.02 | ) | | | .03 | |
The sum of the quarterly earnings per common share amounts may not equal the annual amount reported because per share amounts are computed independently for each quarter and for the full year based on respective weighted-average common shares outstanding and other dilutive potential common shares. |