Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income

v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue:    
Energy efficiency revenue $ 69,820,479 $ 113,382,670
Renewable energy revenue 40,315,044 33,190,699
Total revenue 110,135,523 146,573,369
Direct expenses:    
Energy efficiency expenses 55,455,258 89,619,775
Renewable energy expenses 33,161,394 27,729,784
Total direct expenses 88,616,652 117,349,559
Gross profit 21,518,871 29,223,810
Operating expenses:    
Salaries and benefits 11,013,301 14,369,212
Project development costs 4,281,165 4,216,352
General, administrative and other 8,306,902 7,213,456
Total operating expenses 23,601,368 25,799,020
Operating (loss) income (2,082,497) 3,424,790
Other expenses, net (Note 9) 464,313 1,107,739
(Loss) income before (benefit) provision for income taxes (2,546,810) 2,317,051
Income tax (benefit) provision (622,738) 581,887
Net (loss) income $ (1,924,072) $ 1,735,164
Net (loss) income per share attributable to common shareholders:    
Basic (in usd per share) $ (0.04) $ 0.04
Diluted (in usd per share) $ (0.04) $ 0.04
Weighted average common shares outstanding:    
Basic (in shares) 45,327,237 44,145,093
Diluted (in shares) 46,220,748 46,128,417