| Quarterly Financial Data |
The following tables set forth certain unaudited consolidated financial information for each of the four quarters in fiscal 2014 and fiscal 2013 (in thousands, except per share data):
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2014 |
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March 30 |
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June 29 |
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September 28 |
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December 28 |
Revenue |
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$ |
55,951 |
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$ |
63,284 |
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$ |
64,107 |
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$ |
61,759 |
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Income from operations |
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3,782 |
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4,933 |
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4,252 |
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|
2,985 |
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Net income |
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2,632 |
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3,446 |
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|
3,106 |
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2,307 |
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Basic net income per share |
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$ |
0.16 |
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$ |
0.21 |
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$ |
0.19 |
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$ |
0.14 |
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Diluted net income per share |
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$ |
0.16 |
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$ |
0.21 |
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$ |
0.19 |
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$ |
0.14 |
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2013 |
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March 31 |
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June 30 |
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September 29 |
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December 29 |
Revenue |
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$ |
46,698 |
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$ |
53,427 |
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$ |
53,476 |
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$ |
50,760 |
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Income from operations (1)
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3,225 |
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4,805 |
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4,048 |
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3,296 |
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Net income (2)
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2,641 |
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3,160 |
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2,816 |
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2,452 |
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Basic net income per share |
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$ |
0.16 |
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$ |
0.19 |
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$ |
0.17 |
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$ |
0.15 |
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Diluted net income per share |
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$ |
0.16 |
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$ |
0.19 |
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$ |
0.17 |
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$ |
0.15 |
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(1) |
Contains expenses related to the January 2013 and April 2013 secondary offerings, which decreased income from operations by $417,000 in the first quarter of 2013 and $508,000 in the second quarter of 2013, respectively.
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(2) |
Contains a $556,000 pre-tax favorable income tax benefit, in the first quarter, related to incremental employment tax credits for 2013 as well as the previous open tax years.
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