Note 15: Quarterly Information (Unaudited)
Summarized quarterly financial data for fiscal 2013 and 2012 was as follows:
Total | Gross |
Income Before |
Net | Earnings per share | ||||||||||||||||||||
Revenues | Profit | Taxes | Income | Basic | Diluted | |||||||||||||||||||
Fiscal Year 2013 |
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First Quarter |
$ | 58,501 | $ | 22,022 | $ | 8,391 | $ | 5,086 | $ | 0.21 | $ | 0.21 | ||||||||||||
Second Quarter |
65,192 | 24,388 | 10,457 | 6,239 | 0.26 | 0.26 | ||||||||||||||||||
Third Quarter |
64,672 | 22,160 | 8,437 | 5,037 | 0.21 | 0.21 | ||||||||||||||||||
Fourth Quarter |
60,366 | 24,684 | 9,828 | 6,392 | 0.27 | 0.26 | ||||||||||||||||||
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Annual totals |
$ | 248,731 | $ | 93,254 | $ | 37,113 | $ | 22,754 | $ | 0.94 | $ | 0.94 | ||||||||||||
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Fiscal Year 2012 |
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First Quarter |
$ | 58,650 | $ | 21,740 | $ | 11,913 | $ | 8,505 | $ | 0.35 | $ | 0.35 | ||||||||||||
Second Quarter |
61,643 | 22,588 | 9,735 | 6,019 | 0.25 | 0.25 | ||||||||||||||||||
Third Quarter |
60,079 | 20,883 | 8,023 | 4,995 | 0.21 | 0.21 | ||||||||||||||||||
Fourth Quarter |
68,182 | 24,125 | 10,334 | 6,253 | 0.26 | 0.26 | ||||||||||||||||||
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Annual totals |
$ | 248,554 | $ | 89,336 | $ | 40,005 | $ | 25,772 | $ | 1.07 | $ | 1.07 | ||||||||||||
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We have reclassified certain expenses previously included in selling, general and administrative expenses to costs of rentals and leases, excluding depreciation, in our consolidated statements of operations, thereby reducing gross profit by $2,773, $2,780, $2,680 and $2,478 for the first, second, third and fourth quarter of fiscal 2012, to conform to the current year presentation.