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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information (Unaudited)  
Quarterly Financial Information (Unaudited)

20. Quarterly Financial Information (Unaudited)

        Summarized quarterly financial information for each of the years ended December 31, 2013 and 2012 are as follows (in thousands, except per share amounts):

 
  Quarter Ended  
 
  December 31,
2013
  September 30,
2013
  June 30,
2013
  March 31,
2013
 

Net sales

  $ 289,017   $ 302,225   $ 280,606   $ 245,136  

Gross profit

    247,519     269,290     245,175     213,833  

Net (loss) income(1)

    (30,314 )   62,685     79,864     62,325  

Net (loss) income per share—basic

  $ (0.60 ) $ 1.25   $ 1.60   $ 1.24  

Net (loss) income per share—diluted

  $ (0.60 ) $ 1.17   $ 1.52   $ 1.19  


 

 
  Quarter Ended  
 
  December 31,
2012
  September 30,
2012
  June 30,
2012
  March 31,
2012
 

Net sales

  $ 243,817   $ 242,468   $ 225,577   $ 204,214  

Gross profit

    202,766     212,949     192,199     178,912  

Net income

    83,255     78,111     72,316     70,760  

Net income per share—basic

  $ 1.65   $ 1.52   $ 1.37   $ 1.32  

Net income per share—diluted

  $ 1.60   $ 1.46   $ 1.34   $ 1.29  

(1)
Operating results for the quarter ended December 31, 2013 include a $111.2 million, net of tax charge to operating expenses related to share-based compensation expense.