Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v2.4.0.8
Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues $ 574,171,249 $ 631,170,565 $ 728,200,318
Cost of revenues 470,846,710 503,023,288 593,154,171
Gross profit 103,324,539 128,147,277 135,046,147
Selling, general and administrative expenses 96,693,028 98,473,950 84,360,323
Goodwill impairment 0 1,016,325 0
Operating income 6,631,511 28,657,002 50,685,824
Other expenses, net (Note 14) 3,872,643 4,050,116 6,505,719
Income before provision for income taxes 2,758,868 24,606,886 44,180,105
Income tax provision 344,681 6,246,753 10,767,172
Net income $ 2,414,187 $ 18,360,133 $ 33,412,933
Net income per share attributable to common shareholders:      
Basic (in usd per share) $ 0.05 $ 0.41 $ 0.78
Diluted (in usd per share) $ 0.05 $ 0.40 $ 0.75
Weighted average common shares outstanding:      
Basic (in shares) 45,560,078 44,649,275 42,587,818
Diluted (in shares) 46,419,199 45,995,463 44,707,132