XML 16 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues $ 417,923 $ 265,863 $ 807,116 $ 422,623
Cost of services 293,356 181,326 569,275 285,337
Gross profit 124,567 84,537 237,841 137,286
Selling, general and administrative expenses 86,454 65,173 170,615 107,918
Amortization of intangible assets 5,275 3,884 10,654 4,518
Operating income 32,838 15,480 56,572 24,850
Interest expense, net (4,198) (3,957) (9,529) (4,658)
Write-off of loan costs (14,958) (813) (14,958) (813)
Income before income taxes 13,682 10,710 32,085 19,379
Provision for income taxes 5,860 4,633 13,653 8,255
Income from continuing operations 7,822 6,077 18,432 11,124
Gain on sale of discontinued operations, net of income taxes 0 0 14,412 0
Income (loss) from discontinued operations, net of income taxes (483) 1,485 (892) 1,821
Basic earnings per common share:        
Income from continuing operations $ 0.15 $ 0.14 $ 0.35 $ 0.27
Income (loss) from discontinued operations $ (0.01) $ 0.03 $ 0.25 $ 0.05
Net Income $ 0.14 $ 0.17 $ 0.60 $ 0.32
Diluted earnings per common share:        
Income from continuing operations $ 0.14 $ 0.13 $ 0.34 $ 0.26
Income (loss) from discontinued operations $ 0.00 $ 0.03 $ 0.25 $ 0.05
Net Income $ 0.14 $ 0.16 $ 0.59 $ 0.31
Number of shares and share equivalents used to calculate earnings per share:        
Basic 53,378 44,852 53,213 41,060
Diluted 54,327 45,879 54,222 42,067
Reconciliation of net income to comprehensive income:        
Net income 7,339 7,562 31,952 12,945
Changes in fair value of derivatives, net of tax of $75 and $204 for the three months ended June 30, 2013 and 2012, respectively and $47 and $204 for the six months ended June 30, 2013 and 2012, respectively 76 39 143 39
Foreign currency translation adjustment 403 (1,767) (856) (670)
Comprehensive income $ 7,818 $ 5,834 $ 31,239 $ 12,314