MoneyGram 2015 Annual Report Download - page 110

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Table of Contents
Note 16 — Quarterly Financial Data (Unaudited)
The following tables are the summation of quarterly (loss) earnings per common share and may not equate to the calculation for the full year as quarterly
calculations are performed on a discrete basis.
2015 Fiscal Quarters:
(Amounts in millions, except per share data) First
Second (1)
Third
Fourth
Total revenue $ 330.6
$ 358.8
$ 368.6
$ 376.7
Total operating expenses 328.9
374.5
352.0
363.1
Operating income (loss) 1.7
(15.7)
16.6
13.6
Total other expenses, net 11.1
11.4
11.2
11.6
(Loss) income before income taxes $ (9.4)
$ (27.1)
$ 5.4
$ 2.0
Net (loss) income $ (72.0)
$ (12.4)
$ 4.9
$ 2.6
(Loss) earnings per common share
Basic $ (1.16)
$ (0.20)
$ 0.08
$ 0.04
Diluted $ (1.16)
$ (0.20)
$ 0.08
$ 0.04
(1) For the three months ended June 30, 2015 , the Company experienced a decline in total operating results, primarily as a result of increase in Transaction and operations
support and a $13.8 million pension settlement charge related to the voluntary pension buyout recorded in Compensation and benefits. See Note 10 — PensionandOther
Benefitfor more information regarding the voluntary pension buyout.
2014 Fiscal Quarters:
(Amounts in millions, except per share data) First
Second
Third
Fourth
Total revenue $ 374.9
$ 372.4
$ 358.0
$ 349.6
Total operating expenses 337.9
351.3
341.7
352.6
Operating income 37.0
21.1
16.3
(3.0)
Total other expenses, net 9.7
(11.0)
11.6
(11.5)
Income before income taxes $ 27.3
$ 32.1
$ 4.7
$ 8.5
Net income (loss) $ 39.0
$ 25.6
$ (3.0)
$ 10.5
Earnings (loss) per common share
Basic $ 0.54
$ 0.40
$ (0.05)
$ 0.17
Diluted $ 0.54
$ 0.40
$ (0.05)
$ 0.17
F-46