XML 72 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Results of Operations
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations

17.   Quarterly Results of Operations (Unaudited)

The following table presents certain consolidated statement of operations data for the Company’s eight most recent quarters:

 

    Dec 31,
2014		     Sept 30,
2014		     June 30,
2014		     Mar 31,
2014		     Dec 31,
2013		     Sept 30,
2013		     June 30,
2013		     Mar 31,
2013		  
    (In thousands, except per share data)  

Revenues (1)

   $ 13,619      $ 12,051      $ 11,831      $ 15,436      $ 12,067      $ 11,342      $ 10,201      $ 13,860   

Gross profit

     13,484        11,947        11,730        15,316        11,991        11,231        10,074        13,712   

Operating income

     1,194        1,702        117        2,954        648        814        448        1,694   

Income before provision for taxes

     1,439        1,672        261        2,947        636        856        476        1,704   

Benefit (provision) for income taxes

     (422 )      (599 )      (92 )      (1,083 )      36,767        (257 )      (10 )      (17 ) 

Net income

     1,017        1,073        169        1,864        37,403        599        466        1,687   

Basic net income per share (2)

   $ 0.04      $ 0.04      $ 0.01      $ 0.07      $ 1.31      $ 0.02      $ 0.02      $ 0.06   

Shares used in calculating basic net income per share

     27,733        28,505        28,383        28,370        28,614        28,558        28,146        27,424   

Diluted net income per share (2)

   $ 0.04      $ 0.04      $ 0.01      $ 0.06      $ 1.26      $ 0.02      $ 0.02      $ 0.06   

Shares used in calculating diluted net income per share

     28,430        29,351        29,210        29,382        29,675        29,653        29,293        28,294   

 

(1) The Company typically experiences seasonally higher revenue in the first calendar quarter due to the reporting of holiday sales from some of our customers.

(2) The quarterly earnings per share information is calculated separately for each period. Therefore, the sum of such quarterly per share amounts may differ from the total for the year.