QUARTERLY FINANCIAL DATA - (UNAUDITED)

12 Months Ended

Dec. 31, 2014

QUARTERLY FINANCIAL DATA - (UNAUDITED)

NOTE L — QUARTERLY FINANCIAL DATA — (UNAUDITED)

The following is a summary of the unaudited quarterly financial information for the two years ended December 31, 2014 and 2013 (in thousands, except per share amounts):

	Three Months Ended
2014	March 31		June 30			September 30			December 31

Revenues	$	48,801	$	18,237		$	26,095		$	25,715
Income (loss) from operations	7,197		(6,434		)	(5,973		)	(8,337		)
Net income (loss)	4,280		(4,032		)	(4,009		)	(5,767		)
Net income (loss) per basic share	0.57		(0.54		)	(0.54		)	(0.79		)
Net income (loss) per diluted share	0.57		(0.54		)	(0.54		)	(0.79		)

	Three Months Ended
2013	March 31		June 30			September 30			December 31

Revenues	$	63,204	$	31,487		$	21,115		$	18,728
Income (loss) from operations	10,905		(5,620		)	(5,827		)	(6,836		)
Net income (loss)	6,351		(4,004		)	(3,952		)	(4,712		)
Net income (loss) per basic share	0.87		(0.55		)	(0.55		)	(0.64		)
Net income (loss) per diluted share	0.87		(0.55		)	(0.55		)	(0.64		)

- 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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