XML 46 R22.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)

15.    SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following table provides selected consolidated financial information from continuing operations on a quarterly basis for each quarter of 2019 and 2018. The Company’s business is seasonal and particularly sensitive to weather conditions. Interim amounts are therefore subject to significant fluctuations (in millions, except per share data).

 

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Full

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Year

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

197.4

 

 

$

218.5

 

 

$

215.7

 

 

$

180.4

 

 

$

812.0

 

Gross margin

 

 

37.4

 

 

 

44.3

 

 

 

44.7

 

 

 

35.6

 

 

 

162.0

 

Operating expenses

 

 

39.6

 

 

 

41.0

 

 

 

41.4

 

 

 

43.6

 

 

 

165.6

 

Operating income (loss)

 

 

(2.2

)

 

 

3.3

 

 

 

3.3

 

 

 

(8.0

)

 

 

(3.6

)

Net income (loss) from continuing operations

 

 

(3.2

)

 

 

(10.3

)

 

 

1.6

 

 

 

(9.4

)

 

 

(21.3

)

Net income (loss) from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share—Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

(0.13

)

 

$

(0.40

)

 

$

0.06

 

 

$

(0.37

)

 

$

(0.84

)

Net income (loss) from discontinued operations

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Net income (loss)

 

$

(0.13

)

 

$

(0.40

)

 

$

0.06

 

 

$

(0.37

)

 

$

(0.84

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

198.0

 

 

$

223.4

 

 

$

222.0

 

 

$

196.2

 

 

$

839.6

 

Gross margin

 

 

38.7

 

 

 

45.1

 

 

 

44.6

 

 

 

38.1

 

 

 

166.5

 

Operating expenses

 

 

39.2

 

 

 

43.0

 

 

 

41.1

 

 

 

44.2

 

 

 

167.5

 

Operating income (loss)

 

 

(0.5

)

 

 

2.1

 

 

 

3.5

 

 

 

(6.0

)

 

 

(0.9

)

Net income (loss) from continuing operations

 

 

(0.5

)

 

 

0.2

 

 

 

1.2

 

 

 

(6.9

)

 

 

(6.0

)

Net income (loss) from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

(0.4

)

 

 

(0.4

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share—Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

(0.02

)

 

$

0.01

 

 

$

0.05

 

 

$

(0.27

)

 

$

(0.24

)

Net income (loss) from discontinued operations

 

$

 

 

$

 

 

$

 

 

$

(0.02

)

 

$

(0.02

)

Net (income (loss)

 

$

(0.02

)

 

$

0.01

 

 

$

0.05

 

 

$

(0.29

)

 

$

(0.26

)