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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations

 

Quarter ended

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

(In millions, except per share amounts)

 

2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$

28.4

 

 

$

32.4

 

 

$

30.0

 

 

$

27.4

 

Gross margin

 

9.5

 

 

 

11.2

 

 

 

9.6

 

 

 

7.9

 

Operating income

 

4.4

 

 

 

6.0

 

 

 

4.5

 

 

 

2.9

 

Net income

 

3.7

 

 

 

5.0

 

 

 

3.9

 

 

 

2.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per share

$

.30

 

 

$

.40

 

 

$

.32

 

 

$

.22

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$

31.2

 

 

$

33.7

 

 

$

29.7

 

 

$

29.6

 

Gross margin

 

9.6

 

 

 

10.9

 

 

 

9.5

 

 

 

9.0

 

Operating income

 

4.3

 

 

 

5.6

 

 

 

4.3

 

 

 

3.5

 

Net income

 

4.0

 

 

 

4.9

 

 

 

3.9

 

 

 

3.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per share

$

.32

 

 

$

.39

 

 

$

.31

 

 

$

.26