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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
SUPPLEMENTARY DATA—QUARTERLY FINANCIAL DATA
(Unaudited)
The following table summarizes the Company's quarterly financial data for the past two years ended December 31:
2020
(in thousands, except per share amounts)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Net sales$568,228 $316,611 $701,092 $915,623 
Gross profit271,714 146,230 342,908 463,037 
Net income (loss)
213 (50,707)62,751 95,756 
Earnings (loss) per share:
Basic$0.00 $(0.77)$0.95 $1.45 
Diluted0.00 (0.77)0.94 1.44 

2019
(in thousands, except per share amounts)First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Net sales$654,608 $526,210 $906,793 $954,867 
Gross profit336,729 253,591 446,695 478,655 
Net income
74,177 23,029 119,258 114,025 
Earnings per share:
Basic$1.09 $0.34 $1.76 $1.69 
Diluted1.07 0.34 1.75 1.67