| Quarterly Financial Information (unaudited) |
10. Quarterly Financial Information (unaudited)
The following table reflects the quarterly results of operations for the years ended December 31, 2011 and 2010.
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Quarter ended
December 31,
2011
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Quarter ended
September 30, 2011 |
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Quarter ended
June 30, 2011 |
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Quarter ended
March 31, 2011 |
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Operating revenues
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$ |
11,468 |
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$ |
11,173 |
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$ |
10,816 |
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$ |
10,519 |
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Operating expenses
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5,895 |
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5,183 |
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5,255 |
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4,937 |
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Other expense
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(4,457 |
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(4,242 |
) |
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(4,191 |
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(4,102 |
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Income from continuing operations
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1,116 |
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1,748 |
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1,370 |
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1,480 |
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Discontinued operations
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— |
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— |
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— |
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— |
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Net income
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1,116 |
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1,748 |
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1,370 |
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1,480 |
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Dividends attributable to preferred and senior common stock
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(1,040 |
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(1,039 |
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(1,039 |
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(1,038 |
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Net income available to common stockholders
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76 |
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709 |
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331 |
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442 |
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Net income available to common stockholders - basic
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$ |
0.01 |
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$ |
0.06 |
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$ |
0.03 |
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$ |
0.05 |
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Net income available to common stockholders - diluted
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$ |
0.01 |
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$ |
0.06 |
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$ |
0.03 |
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$ |
0.05 |
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Weighted average shares outstanding - basic
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10,945 |
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10,936 |
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9,782 |
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9,258 |
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Weighted average shares outstanding - diluted
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10,997 |
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10,988 |
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9,834 |
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9,310 |
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Quarter ended
December 31, 2010 |
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Quarter ended
September 30, 2010 |
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Quarter ended
June 30, 2010 |
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Quarter ended
March 31, 2010 |
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Operating revenues
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$ |
10,228 |
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$ |
10,334 |
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$ |
10,681 |
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$ |
10,685 |
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Operating expenses
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5,421 |
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7,282 |
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5,350 |
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5,361 |
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Other expense
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(3,999 |
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(1,024 |
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(4,325 |
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(4,238 |
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Income from continuing operations
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808 |
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2,028 |
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1,006 |
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|
1,086 |
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Discontinued operations
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— |
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— |
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— |
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— |
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Net income
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808 |
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2,028 |
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1,006 |
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1,086 |
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Dividends attributable to preferred and senior common stock
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(1,041 |
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(1,027 |
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(1,023 |
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(1,023 |
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Net income available to common stockholders
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(233 |
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1,001 |
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(17 |
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63 |
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Net income available to common stockholders - basic
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$ |
(0.04 |
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$ |
0.12 |
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$ |
0.00 |
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$ |
0.01 |
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Net income available to common stockholders - diluted
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$ |
(0.04 |
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$ |
0.12 |
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$ |
0.00 |
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$ |
0.01 |
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Weighted average shares outstanding - basic
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8,638 |
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8,563 |
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8,545 |
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8,559 |
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Weighted average shares outstanding - diluted
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8,689 |
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8,577 |
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8,547 |
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8,559 |
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