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|
|
|
FORM 10-K FOR FISCAL YEAR ENDED DECEMBER 31, 1996
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
10. Quarterly Results (Unaudited)
The following table presents summarized quarterly financial information
for the years ended December 31, 1995 and 1996:
|
|
|
|
Net Income |
|
|
|
Fully Diluted |
|
|
|
Income Before |
|
(Loss) |
|
Primary Income |
|
Income |
|
Revenues |
|
Income Taxes |
|
(As Restated) |
|
Per Share |
|
Per Share |
|
|
|
|
|
|
|
|
|
|
| 1995 |
|
|
|
|
|
|
|
|
|
| First Quarter |
$ 6,258,588 |
|
$ 676,434 |
|
$ 524,600 |
|
$ .08 |
|
$ .08 |
| Second Quarter |
6,564,910 |
|
965,448 |
|
731,275 |
|
.11 |
|
.11 |
| Third Quarter |
7,048,934 |
|
1,737,763 |
|
1,264,556 |
|
.12 |
|
.12 |
| Fourth Quarter |
9,058,613 |
|
3,514,892 |
|
2,392,081 |
|
.19 |
|
.16 |
|
--------------- |
|
--------------- |
|
--------------- |
|
--------------- |
|
--------------- |
| Total |
$ 28,931,045 |
|
$ 6,894,537 |
|
$ 4,912,512 |
|
$ .54 |
|
$ .54 |
|
========== |
|
========== |
|
========== |
|
========== |
|
========== |
|
|
|
|
|
|
|
|
|
|
| 1996 |
|
|
|
|
|
|
|
|
|
| First Quarter |
$ 11,188,847 |
|
$ 4,561,523 |
|
$ 3,082,381 |
|
$ .25 |
|
$ .22 |
| Second Quarter |
12,557,891 |
|
5,480,944 |
|
3,678,316 |
|
.29 |
|
.25 |
| Third Quarter |
15,432,193 |
|
7,178,573 |
|
4,641,953 |
|
.33 |
|
.31 |
| Fourth Quarter |
21,589,301 |
|
11,564,743 |
|
7,622,800 |
|
.50 |
|
.50 |
|
--------------- |
|
--------------- |
|
--------------- |
|
--------------- |
|
--------------- |
| Total |
$ 60,768,232 |
|
$ 28,785,783 |
|
$ 19,025,450 |
|
$ 1.40 |
|
$ 1.37 |
|
========== |
|
========== |
|
========== |
|
========== |
|
========== |
|
