FORM 10-K/A GAMCO Investors, Inc. - Gabelli

M. Quarterly Financial Information (Unaudited)
Quarterly financial information for the years ended December 31, 2006 and 2005 is presented below.
(in thousands, except per share data) 1 st (a) (b) 2 nd (a) (b) 3 rd (a) (b) 4 th (b) Full Year (a) (b)
Revenues $ 59,284 $ 61,659 $ 57,994 $ 82,526 $ 261,463
Operating income 18,485 9,463 18,498 29,901 76,347
Net income 18,960 8,944 17,043 26,980 71,927
Net income per share:
Basic 0.65 0.31 0.60 0.96 2.52
Diluted 0.64 0.31 0.60 0.94 2.49
2005
1st (a) (b) 2nd (a) (b) 3rd (a) (b) 4th (a) (b) Full Year (a) (b)
Revenues $ 60,313 $ 59,818 $ 60,706 $ 72,495 $ 253,332
Operating income 19,900 19,733 20,485 27,429 87,547
Net income 12,534 13,006 18,153 20,248 63,941
Net income per share:
Basic 0.42 0.43 0.61 0.68 2.15
Diluted 0.42 0.43 0.60 0.67 2.11
(a) Restated as described in note A of item 8 of this report on Form 10-K/A.
(b) Restated as described in the explanatory note of this report on Form 10-K/A.
2006
Quarterly financial information for the years ended December 31, 2006 and 2005, as originally reported, is presented below. As discussed within the explanatory note of this Form
10-K/A, GAMCO is restating 2005 and 2006 results to reflect the reversal of certain previously accrued expenses for investment partnership compensation.
2006
(in thousands, except per share data) 1st 2nd 3rd 4th Full Year
Revenues $ 59,284 $ 61,659 $ 57,994 $ 82,526 $ 261,463
Operating income 18,034 8,936 18,220 26,971 72,161
Net income 18,700 8,641 16,884 25,293 69,518
Net income per share:
Basic 0.64 0.30 0.60 0.90 2.44
Diluted 0.63 0.30 0.59 0.88 2.40
2005
1st 2nd 3rd 4th Full Year
Revenues $ 60,313 $ 59,818 $ 60,706 $ 72,495 $ 253,332
Operating income 19,716 19,549 20,300 27,244 86,809
Net income 12,429 12,900 18,046 20,141 63,516
Net income per share:
Basic 0.42 0.43 0.60 0.68 2.13
Diluted 0.41 0.42 0.59 0.67 2.10
F-28