v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Operating revenue $ 177,076,000 $ 157,987,000 $ 100,136,000
Expenses      
Direct expense 147,298,000 130,587,000 83,396,000
Gross margin 29,778,000 27,400,000 16,740,000
Selling, general and administrative expense 28,054,000 18,954,000 13,569,000
Operating income 1,724,000 8,446,000 3,171,000
Other expense 56,000 140,000 51,000
Interest expense 191,000 205,000 105,000
Income from continuing operations before income tax 1,477,000 8,101,000 3,015,000
Income tax provision 718,000 3,213,000 1,325,000
Income from continuing operations 759,000 4,888,000 1,690,000
Income from discontinued operations, net of tax     15,000
Net income 759,000 4,888,000 1,705,000
Preferred stock beneficial conversion charge and dividends (45,336,000)    
Net (loss) income available to common shareholders $ (44,577,000) $ 4,888,000 $ 1,705,000
Basic earnings per common share      
Income from continuing operations (in Dollars per share) $ (5.41) $ 0.61 $ 0.21
Income from discontinued operations (in Dollars per share)   $ 0  
Net (loss) income (in Dollars per share) $ (5.41) $ 0.61 $ 0.21
Diluted earnings per common share      
Income from continuing operations (in Dollars per share) $ (5.41) $ 0.59 $ 0.21
Income from discontinued operations (in Dollars per share)   $ 0  
Net (loss) income (in Dollars per share) $ (5.41) $ 0.59 $ 0.21
Weighted average common shares outstanding      
Basic weighted average common shares outstanding (in Shares) 8,246,577 8,060,346 8,008,805
Diluted weighted average common shares outstanding (in Shares) 8,246,577 8,278,995 8,041,862