Cincinnati Bell 2006 Annual Report Download - page 214

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19. Quarterly Financial Information (Unaudited)
(dollars in millions, except per share amounts)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter Total
2006
Revenue ............................... $298.2 $323.3 $320.1 $328.5 $1,270.1
Operating income ........................ 71.1 83.2 83.5 74.7 312.5
Net income ............................. 14.1 24.3 25.1 22.8 86.3
Basic earnings per common share ........... 0.05 0.09 0.09 0.08 0.31
Diluted earnings per common share .......... 0.05 0.09 0.09 0.08 0.30
(dollars in millions, except per share amounts)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter Total
2005
Revenue ............................... $288.6 $315.4 $300.3 $305.3 $1,209.6
Operating income ........................ 55.2 75.9 72.1 55.6 258.8
Net income (loss) ........................ (3.2) (29.8) (44.1) 12.6 (64.5)
Basic earnings (loss) per common share ...... (0.02) (0.13) (0.19) 0.04 (0.30)
Diluted earnings (loss) per common share ..... (0.02) (0.13) (0.19) 0.04 (0.30)
The effects of assumed conversions are determined independently for each respective quarter and year and
may not be dilutive during every period due to variations in operating results. Therefore, the sum of quarterly per
share results will not necessarily equal the per share results for the full year.
104