| Unaudited Quarterly Financial Data |
(15) Unaudited Quarterly Financial Data
Summarized unaudited quarterly financial data for 2013 and 2012 is as follows (amounts in thousands except per share data):
| |
|
Quarter
|
|
| |
|
First
|
|
|
Second
|
|
|
Third
|
|
|
Fourth
|
|
|
2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$ |
179,229 |
|
|
|
226,205 |
|
|
|
252,385 |
|
|
|
223,782 |
|
|
Operating income (loss)
|
|
|
(4,858 |
) |
|
|
36,432 |
|
|
|
62,511 |
|
|
|
26,596 |
|
|
Income (loss) before income taxes
|
|
|
(9,373 |
) |
|
|
31,583 |
|
|
|
57,670 |
|
|
|
21,614 |
|
|
Net income (loss)
|
|
|
(5,689 |
) |
|
|
19,149 |
|
|
|
35,605 |
|
|
|
13,004 |
|
|
Net income (loss) attributable to Air Methods Corporation and subsidiaries
|
|
|
(5,689 |
) |
|
|
19,149 |
|
|
|
35,605 |
|
|
|
13,274 |
|
|
Basic income (loss) per common share
|
|
|
(.15 |
) |
|
|
.49 |
|
|
|
.91 |
|
|
|
.29 |
|
|
Diluted income (loss) per common share
|
|
|
(.15 |
) |
|
|
.49 |
|
|
|
.91 |
|
|
|
.29 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$ |
190,814 |
|
|
|
222,480 |
|
|
|
221,290 |
|
|
|
216,228 |
|
|
Operating income
|
|
|
25,038 |
|
|
|
55,264 |
|
|
|
51,228 |
|
|
|
38,802 |
|
|
Income before income taxes
|
|
|
20,375 |
|
|
|
50,990 |
|
|
|
46,917 |
|
|
|
34,662 |
|
|
Net income
|
|
|
12,474 |
|
|
|
31,413 |
|
|
|
27,844 |
|
|
|
21,421 |
|
|
Basic income per common share
|
|
|
.33 |
|
|
|
.81 |
|
|
|
.72 |
|
|
|
.55 |
|
|
Diluted income per common share
|
|
|
.32 |
|
|
|
.81 |
|
|
|
.71 |
|
|
|
.55 |
|
Income per common share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly income per share does not necessarily equal the total computed for the year. |