| Quarterly Results (Unaudited) |
Note N — Quarterly Results (Unaudited)
The following is a summary of unaudited quarterly results of operations for each of the quarters in the two fiscal
years ended March 31, 2011 and 2012:
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Revenues |
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Gross Profit |
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Net Income |
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Net Income per Basic Common Share |
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Net Income per Diluted Common Share |
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Fiscal Year Ended March 31, 2011:
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First Quarter
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$ |
91,503,000 |
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$ |
23,803,000 |
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$ |
7,760,000 |
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$ |
0.65 |
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$ |
0.64 |
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Second Quarter
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93,392,000 |
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23,239,000 |
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7,533,000 |
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0.64 |
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0.62 |
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Third Quarter
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95,282,000 |
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23,821,000 |
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6,724,000 |
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0.57 |
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0.56 |
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Fourth Quarter
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100,491,000 |
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25,707,000 |
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2,646,000 |
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0.23 |
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0.22 |
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Fiscal Year Ended March 31, 2012:
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First Quarter
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$ |
102,307,000 |
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$ |
25,544,000 |
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$ |
8,198,000 |
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$ |
0.71 |
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$ |
0.70 |
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Second Quarter
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104,552,000 |
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25,612,000 |
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7,881,000 |
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0.68 |
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0.68 |
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Third Quarter
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101,382,000 |
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21,226,000 |
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5,400,000 |
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0.47 |
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0.47 |
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Fourth Quarter
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104,427,000 |
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21,460,000 |
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5,073,000 |
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0.45 |
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0.44 |
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