XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Contract revenues $ 250,558 $ 210,489 $ 751,196 $ 546,093
Contract costs 220,986 190,676 665,459 485,152
Gross profit 29,572 19,813 85,737 60,941
Selling, general and administrative expenses 15,639 13,523 46,072 41,174
Amortization of intangible assets 84 84 251 251
Gain on sale of property and equipment (387) (428) (707) (728)
Income from operations 14,236 6,634 40,121 20,244
Other income (expense)        
Interest income   5 1 48
Interest expense (368) (93) (754) (463)
Other, net (87) (21) (146) (53)
Income before provision for income taxes 13,781 6,525 39,222 19,776
Income tax expense 5,035 2,304 14,731 7,338
Net income $ 8,746 $ 4,221 $ 24,491 $ 12,438
Income per common share:        
-Basic (in dollars per share) $ 0.42 $ 0.21 $ 1.19 $ 0.62
-Diluted (in dollars per share) $ 0.41 $ 0.20 $ 1.15 $ 0.59
Weighted average number of common shares and potential common shares outstanding:        
-Basic (in shares) 20,410 20,265 20,349 20,102
-Diluted (in shares) 21,186 21,041 21,134 20,985