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NOTE 16 - QUARTERLY RESULTS OF OPERATIONS (unaudited) | 12 Months Ended
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Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract] |
NOTE 16 QUARTERLY RESULTS OF OPERATIONS (unaudited) | The following table sets forth a summary of our unaudited quarterly operating results for each of the last eight quarters in the years ended December 31, 2012 and 2011. This quarterly data has been derived from our unaudited consolidated interim financial statements which, in our opinion, have been prepared on substantially the same basis as the audited financial statements contained elsewhere in this report and include all normal recurring adjustments necessary for a fair presentation of the financial information for the periods presented. These unaudited quarterly results should be read in conjunction with our financial statements and notes thereto included elsewhere in this report. The operating results in any quarter are not necessarily indicative of the results that may be expected for any future period (in thousands except for earnings per share).
|  | 2012 Quarter Ended |  |  | 2011 Quarter Ended |
|  | Mar 31 |  |  | June 30 |  |  | Sept 30 |  |  | Dec 31 |  |  | Mar 31 |  |  | June 30 |  |  | Sept 30 |  |  | Dec 31 |
Statement of Operations Data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net service fee revenue |  | $ | 162,016 |  |  | $ | 165,351 |  |  | $ | 160,453 |  |  | $ | 159,333 |  |  | $ | 139,052 |  |  | $ | 147,699 |  |  | $ | 143,021 |  |  | $ | 155,349 |
Total operating expenses |  |  | 150,765 |  |  |  | 151,886 |  |  |  | 146,613 |  |  |  | 152,661 |  |  |  | 129,653 |  |  |  | 132,562 |  |  |  | 132,041 |  |  |  | 140,204 |
Total other expenses |  |  | 12,420 |  |  |  | 12,131 |  |  |  | 9,738 |  |  |  | 13,038 |  |  |  | 11,544 |  |  |  | 12,461 |  |  |  | 11,736 |  |  |  | 11,982 |
Equity in earnings of joint ventures |  |  | 1,262 |  |  |  | 1,986 |  |  |  | 909 |  |  |  | 2,319 |  |  |  | 1,484 |  |  |  | 1,267 |  |  |  | 1,038 |  |  |  | 1,435 |
Provision for income taxes |  |  | (245 | ) |  |  | (421 | ) |  |  | (30 | ) |  |  | 60,606 |  |  |  | (147 | ) |  |  | (337 | ) |  |  | (234 | ) |  |  | (102 | )
Net income (loss) |  |  | (152 | ) |  |  | 2,899 |  |  |  | 4,981 |  |  |  | 56,559 |  |  |  | (808 | ) |  |  | 3,606 |  |  |  | 48 |  |  |  | 4,496 |
Net income (loss) attributable to noncontrolling interests |  |  | (41 | ) |  |  | (47 | ) |  |  | (72 | ) |  |  | (70 | ) |  |  | 68 |  |  |  | 85 |  |  |  | 9 |  |  |  | (51 | )
Net income (loss) attributable to Radnet, Inc. common stockholders |  | $ | (111 | ) |  | $ | 2,946 |  |  | $ | 5,053 |  |  | $ | 56,629 |  |  | $ | (876 | ) |  | $ | 3,521 |  |  | $ | 39 |  |  | $ | 4,547 |
Basic net income (loss) attributable to Radnet, Inc. common stockholders earnings (loss) per share: |  | $ | (0.00 | ) |  | $ | 0.07 |  |  | $ | 0.13 |  |  | $ | 1.47 |  |  | $ | (0.02 | ) |  | $ | 0.09 |  |  | $ | 0.00 |  |  | $ | 0.12 |
Diluted net income (loss) attributable to Radnet, Inc. common stockholders earnings (loss) per share: |  | $ | (0.00 | ) |  | $ | 0.07 |  |  | $ | 0.12 |  |  | $ | 1.42 |  |  | $ | (0.02 | ) |  | $ | 0.09 |  |  | $ | 0.00 |  |  | $ | 0.12 |
Weighted average shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 37,670 |  |  |  | 37,761 |  |  |  | 38,340 |  |  |  | 38,349 |  |  |  | 37,258 |  |  |  | 37,358 |  |  |  | 37,426 |  |  |  | 37,426 |
Diluted |  |  | 37,670 |  |  |  | 39,431 |  |  |  | 39,861 |  |  |  | 39,796 |  |  |  | 37,258 |  |  |  | 39,820 |  |  |  | 38,470 |  |  |  | 38,059 |

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