Quarterly Financial Information [Text Block] |
Quarterly Results of Operations (Unaudited) The following is a summary of the quarterly results of operations for the years ended December 31, 2020 and 2019:
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2020 |
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March 31 |
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June 30 |
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September 30 |
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December 31 |
Operating revenue |
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$ |
305,557 |
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$ |
281,678 |
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$ |
331,997 |
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$ |
350,341 |
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Net income from continuing operations |
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$ |
11,417 |
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$ |
9,225 |
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$ |
16,992 |
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$ |
15,133 |
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Loss from discontinued operation, net of tax |
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(3,042) |
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(6,071) |
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(345) |
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(19,576) |
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Net income |
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$ |
8,375 |
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$ |
3,154 |
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$ |
16,647 |
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$ |
(4,443) |
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Basic net income (loss) per share: |
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Continuing operations |
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$ |
0.41 |
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$ |
0.33 |
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$ |
0.61 |
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$ |
0.55 |
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Discontinued operation |
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(0.11) |
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(0.22) |
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(0.01) |
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(0.72) |
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Net income per share |
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$ |
0.30 |
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$ |
0.11 |
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$ |
0.60 |
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$ |
(0.17) |
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Diluted net income (loss) per share: |
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Continuing operations |
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$ |
0.41 |
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$ |
0.33 |
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$ |
0.61 |
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$ |
0.55 |
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Discontinued operation |
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(0.11) |
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(0.22) |
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(0.01) |
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(0.72) |
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Net income per share |
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$ |
0.30 |
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$ |
0.11 |
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$ |
0.60 |
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$ |
(0.17) |
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2019 |
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March 31 |
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June 30 |
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September 30 |
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December 31 |
Operating revenue |
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$ |
278,961 |
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$ |
302,887 |
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$ |
313,683 |
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$ |
319,656 |
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Net income from continuing operations |
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$ |
17,688 |
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$ |
21,244 |
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$ |
21,054 |
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$ |
22,336 |
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Income from discontinued operation, net of tax |
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719 |
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1,086 |
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1,141 |
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1,832 |
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Net income |
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$ |
18,407 |
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$ |
22,330 |
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$ |
22,195 |
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$ |
24,168 |
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Basic net income per share: |
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Continuing operations |
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$ |
0.61 |
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$ |
0.74 |
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$ |
0.74 |
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$ |
0.79 |
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Discontinued operation |
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0.03 |
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0.04 |
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0.04 |
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0.07 |
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Net income per share |
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$ |
0.64 |
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$ |
0.78 |
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$ |
0.78 |
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$ |
0.86 |
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Diluted net income per share: |
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Continuing operations |
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$ |
0.61 |
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$ |
0.74 |
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$ |
0.74 |
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$ |
0.79 |
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Discontinued operation |
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0.03 |
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0.04 |
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0.04 |
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0.07 |
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Net income per share 1
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$ |
0.64 |
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$ |
0.78 |
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$ |
0.78 |
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$ |
0.85 |
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1 Rounding may impact summation of amounts.
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