XML 97 R65.htm IDEA: XBRL DOCUMENT

Note 30 QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Quarterly Financial Information [Table Text Block]

		Quarters Ended
		December 31, 2012				September 30, 2012				June 30, 2012				March 31, 2012
Revenue		$	236,375			$	232,700			$	211,385			$	164,546
Operating expenses (1)			99,097				92,793				85,908				86,127
Income from operations			137,278				139,907				125,477				78,419
Other expense			(60,799	)			(59,161	)			(55,313	)			(48,300	)
Income before income taxes			76,479				80,746				70,164				30,119
Income tax expense			11,138				29,346				25,331				10,770
Net income			65,341				51,400				44,833				19,349
Net loss (income) attributable to non-controlling interests			—				—				—				—
Net income attributable to Ocwen stockholders			65,341				51,400				44,833				19,349
Preferred stock dividends			(145	)			—				—				—
Net income attributable to Ocwen common stockholders		$	65,196			$	51,400			$	44,833			$	19,349

Earnings per share attributable to Ocwen common stockholders
Basic		$	0.48			$	0.38			$	0.33			$	0.15
Diluted		$	0.47			$	0.37			$	0.32			$	0.14

		Quarters Ended
		December 31, 2011				September 30, 2011				June 30, 2011				March 31, 2011
Revenue		$	156,625			$	122,462			$	105,837			$	111,006
Operating expenses (2)			90,481				65,650				42,254				41,199
Income from operations			66,144				56,812				63,583				69,807
Other expense			(47,625	)			(27,861	)			(22,547	)			(35,318	)
Income before income taxes			18,519				28,951				41,036				34,489
Income tax expense			8,864				8,730				14,653				12,425
Net income			9,655				20,221				26,383				22,064
Net loss (income) attributable to non-controlling interests			(4	)			7				(5	)			10

Net income attributable to Ocwen stockholders		$	9,651			$	20,228			$	26,378			$	22,074

Earnings per share attributable to Ocwen stockholders
Basic		$	0.08			$	0.20			$	0.26			$	0.22
Diluted		$	0.08			$	0.19			$	0.25			$	0.21