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Quarterly Results of Operations (unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Results of Operations [Abstract]  
Quarterly Results of Operations (unaudited)

Note 14 – Quarterly Results of Operations (unaudited)

The quarterly results of operations are as follows:

 

                                 
    First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 
2012                                

Net sales

  $ 32,258     $ 46,642     $ 36,292     $ 38,837  

Gross profit

    21,878       29,451       23,855       24,382  

Operating expenses

    19,663       20,454       17,579       20,843  

Operating income

    2,215       8,997       6,276       3,539  

Income from Continuing Operations

    1,994       7,398       4,682       2,154  

Income from Discontinued Operations

    (84     (236     (173     (137

Net income

    1,910       7,162       4,509       2,017  

Basic income/(loss) per share:

                               

Continuing Operations

  $ 0.05     $ 0.19     $ 0.12     $ 0.05  

Discontinued Operations

    0.00       (0.01     0.00       0.00  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total Net income per share

  $ 0.05     $ 0.18     $ 0.12     $ 0.05  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income/(loss) per share:

                               

Continuing Operations

  $ 0.05     $ 0.19     $ 0.12     $ 0.05  

Discontinued Operations

    0.00       (0.01     0.00       0.00  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total Net income per share

  $ 0.05     $ 0.18     $ 0.12     $ 0.05  
   

 

 

   

 

 

   

 

 

   

 

 

 
2011                                

Net sales

  $ 36,065     $ 42,103     $ 41,385     $ 48,528  

Gross profit

    22,627       25,706       27,752       32,026  

Operating expenses

    18,439       21,648       20,316       22,944  

Operating income

    4,189       4,058       7,436       9,082  

Income from Continuing Operations

    3,647       3,339       5,927       11,338  

Income from Discontinued Operations

    (1,147     (718     (3,691     (561

Net income

    2,500       2,621       2,236       10,777  

Basic income/(loss) per share:

                               

Continuing Operations

  $ 0.10     $ 0.09     $ 0.16     $ 0.30  

Discontinued Operations

    (0.03     (0.02     (0.10     (0.01
   

 

 

   

 

 

   

 

 

   

 

 

 

Total Net income per share

  $ 0.07     $ 0.07     $ 0.06     $ 0.29  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income/(loss) per share:

                               

Continuing Operations

  $ 0.09     $ 0.09     $ 0.15     $ 0.29  

Discontinued Operations

    (0.03     (0.02     (0.09     (0.01
   

 

 

   

 

 

   

 

 

   

 

 

 

Total Net income per share

  $ 0.06     $ 0.07     $ 0.06     $ 0.28  
   

 

 

   

 

 

   

 

 

   

 

 

 

Due to rounding in earnings per share, the sum of the quarters may not be equal to the full year.