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19. Quarterly Information (Unaudited)
Set forth below are selected quarterly income statement data for the fiscal years ended September 30, 2011 and 2010. The Company derived this information from unaudited quarterly financial statements that include, in the opinion of Companys management, all adjustments necessary for a fair presentation of the information for such periods. Results of operations for any fiscal quarter are not necessarily indicative of results for any future period.
Earnings per share amounts are computed independently each quarter. As a result, the sum of each quarters earnings per share amount may not equal the total earnings per share amount for the respective year. All common stock share and per share amounts have been adjusted for the two-for-one stock split in June 2011.
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Quarter Ended
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|
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Dec. 31,
2010
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March 31,
2011
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June 30,
2011
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Sept. 30,
2011
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|
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(In thousands, except per share data)
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Fiscal Year 2011
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|
|
|
|
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|
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Revenue:
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|
|
|
|
|
|
|
|
|
|
Health Services
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|
$
|
130,011
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|
$
|
137,779
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|
$
|
141,788
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|
$
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156,303
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Human Services
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|
84,103
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|
89,337
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|
96,508
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|
93,804
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Total revenue
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214,114
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|
227,116
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|
238,296
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|
250,107
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Gross profit
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55,959
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|
63,066
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|
66,399
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|
68,227
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Selling, general and administrative expenses
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28,667
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33,572
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|
35,259
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|
34,560
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Operating income from continuing operations:
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|
|
|
|
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Health Services
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|
18,823
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|
19,352
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|
15,923
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|
20,617
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Human Services
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|
8,503
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10,123
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14,908
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13,288
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Consolidating adjustments
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(34
|
)
|
19
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|
309
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|
(238
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)
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Legal and settlement recovery (expense), net
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(361
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)
|
1,169
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Operating income from continuing operations
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27,292
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|
29,494
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|
30,779
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34,836
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Discontinued operations, net of income taxes
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|
|
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|
|
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Income/(loss) from discontinued operations
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|
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(265
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)
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(65
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)
|
197
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Loss on disposal
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(105
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)
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(554
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)
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(3
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)
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(179
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)
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Loss from discontinued operations
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(105
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)
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(819
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)
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(68
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)
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18
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Net income
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$
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17,482
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$
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18,219
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$
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19,892
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$
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25,575
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Basic earnings per share:
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|
|
|
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Income from continuing operations
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$
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0.51
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$
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0.55
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$
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0.58
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$
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0.75
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|
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Loss from discontinued operations
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|
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(0.02
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)
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(0.01
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)
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Basic earnings per share
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$
|
0.51
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$
|
0.53
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$
|
0.57
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$
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0.75
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Diluted earnings per share:
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|
|
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|
|
|
|
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Income from continuing operations
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$
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0.50
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$
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0.54
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|
$
|
0.56
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$
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0.73
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Loss from discontinued operations
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(0.01
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)
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(0.03
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)
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|
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Diluted earnings per share
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$
|
0.49
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$
|
0.51
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$
|
0.56
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|
$
|
0.73
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Quarter Ended
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Dec. 31,
2009
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March 31,
2010
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June 30,
2010
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Sept. 30,
2010
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(In thousands, except per share data)
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Fiscal Year 2010
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|
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|
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Revenue:
|
|
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|
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|
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Health Services
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$
|
130,640
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$
|
127,279
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|
$
|
127,307
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|
$
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129,032
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|
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Human Services
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|
72,680
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77,107
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|
84,220
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83,484
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|
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Total revenue
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203,320
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|
204,386
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|
211,527
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|
212,516
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|
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Gross profit
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|
52,175
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|
50,551
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|
57,013
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|
61,094
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|
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Selling, general and administrative expenses
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27,429
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|
28,787
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|
31,658
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|
30,904
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|
|
Operating income from continuing operations:
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|
|
|
|
|
|
|
|
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Health Services
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17,508
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|
12,723
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|
14,509
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|
19,985
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|
|
Human Services
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|
7,379
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|
9,037
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|
10,684
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|
12,390
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|
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Consolidating adjustments
|
|
(141
|
)
|
4
|
|
162
|
|
(2,185
|
)
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|
Legal and settlement recovery (expense), net
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|
(686
|
)
|
6,037
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|
|
|
|
|
|
Operating income from continuing operations
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|
24,060
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|
27,801
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|
25,355
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|
30,190
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|
|
Discontinued operations, net of income taxes
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|
|
|
|
|
|
|
|
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Income (loss) from discontinued operations
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|
(1,972
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)
|
752
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|
1,200
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|
1,060
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|
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Loss on disposal
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|
|
|
|
|
|
|
(28
|
)
|
|
Income (loss) from discontinued operations
|
|
(1,972
|
)
|
752
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|
1,200
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|
1,032
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Net income
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|
$
|
12,628
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|
$
|
18,743
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|
$
|
17,325
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|
$
|
21,713
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|
|
Basic earnings per share:
|
|
|
|
|
|
|
|
|
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Income from continuing operations
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|
$
|
0.41
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|
$
|
0.52
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|
$
|
0.46
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|
$
|
0.60
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|
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Income (loss) from discontinued operations
|
|
(0.05
|
)
|
0.02
|
|
0.04
|
|
0.03
|
|
|
Basic earnings per share
|
|
$
|
0.36
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|
$
|
0.54
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|
$
|
0.50
|
|
$
|
0.63
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Diluted earnings per share:
|
|
|
|
|
|
|
|
|
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|
Income from continuing operations
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|
$
|
0.40
|
|
$
|
0.50
|
|
$
|
0.45
|
|
$
|
0.58
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|
|
Income (loss) from discontinued operations
|
|
(0.05
|
)
|
0.02
|
|
0.03
|
|
0.03
|
|
|
Diluted earnings per share
|
|
$
|
0.35
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|
$
|
0.52
|
|
$
|
0.48
|
|
$
|
0.61
|
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