W&T Offshore, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Tables)

Selected Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Data

Unaudited quarterly financial data are as follows (in thousands, except per share amounts):


		1st Quarter				2nd Quarter				3rd Quarter				4th Quarter
Year Ended December 31, 2012
Revenues		$	235,886			$	215,513			$	185,946			$	237,146
Operating income			15,913				99,100				7,560				46,737
Net income (loss)			3,218				53,567				(1,471	)			16,670
Basic and diluted earnings (loss) per common share (1)			0.04				0.70				(0.02	)			0.21
Year Ended December 31, 2011
Revenues		$	210,855			$	252,922			$	245,371			$	261,899
Operating income			37,548				115,643				95,333				80,936
Net income			18,649				55,175				52,928				46,065
Basic and diluted earnings per common share (1)			0.25				0.73				0.70				0.61

(1)	The sum of the individual quarterly earnings per share may not agree with year-to-date earnings per share because each quarterly calculation is based on the income for that quarter and the weighted average number of shares outstanding during that quarter.