QUARTERLY RESULTS (Unaudited)

12 Months Ended

Dec. 31, 2011

14. QUARTERLY RESULTS (Unaudited)

		First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2011
Revenue	$	74,295,000	$	78,255,000	$	76,067,000	$	69,572,000
Gross Profit		56,681,000		59,041,000		56,442,000		52,332,000
Income before income taxes		10,281,000		9,142,000		6,802,000		1,455,000
Net Income		6,358,000		5,944,000		5,069,000		1,170,000
Earnings per common share - diluted		0.44		0.41		0.36		0.08

2010
Revenue	$	60,585,000	$	66,660,000	$	67,282,000	$	63,025,000
Gross Profit		45,768,000		49,466,000		50,459,000		46,776,000
Income before income taxes		8,214,000		9,204,000		9,081,000		5,193,000
Net Income		4,901,000		5,538,000		5,751,000		3,421,000
Earnings per common share - diluted		0.33		0.38		0.39		0.23

Earnings per common share is computed independently for each of the quarters presented; accordingly, the sum of the quarterly earnings per common share may not equal the total computed for the year.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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