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UNAUDITED SUPPLEMENTARY DATA (Tables)
12 Months Ended
Dec. 31, 2013
UNAUDITED SUPPLEMENTARY DATA [Abstract]  
Summary of Selected Quarterly Financial Information (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

Three Months Ended

 

in thousands, except per share data

March 31

 

June 30

 

Sept 30

 

Dec 31

 

Net sales

$  504,554 

 

$  696,078 

 

$    775,183 

 

$   652,881 

 

Total revenues

538,162 

 

738,733 

 

813,568 

 

680,246 

 

Gross profit

17,655 

 

132,895 

 

158,983 

 

117,347 

 

Operating earnings (loss) 1

(50,058)

 

86,866 

 

99,767 

 

53,829 

 

Earnings (loss) from continuing operations  1

(61,619)

 

30,128 

 

42,150 

 

10,097 

 

Net earnings (loss)  1

(54,836)

 

28,772 

 

41,363 

 

9,083 

 

Basic earnings (loss) per share from continuing operations

$       (0.47)

 

$        0.23 

 

$          0.32 

 

$         0.08 

 

Diluted earnings (loss) per share from continuing operations

$       (0.47)

 

$        0.23 

 

$          0.32 

 

$         0.08 

 

Basic net earnings (loss) per share

$       (0.42)

 

$        0.22 

 

$          0.32 

 

$         0.07 

 

Diluted net earnings (loss) per share

$       (0.42)

 

$        0.22 

 

$          0.31 

 

$         0.07 

 

 

 

 

1

Includes restructuring costs as described in Note 1, as follows (in thousands): Q1 $1,509, Q2 $0, Q3 $0 and Q4 $0.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

Three Months Ended

 

in thousands, except per share data

March 31

 

June 30

 

Sept 30

 

Dec 31

 

Net sales

$  499,851 

 

$  648,890 

 

$    687,616 

 

$   574,886 

 

Total revenues

535,882 

 

694,136 

 

728,861 

 

608,431 

 

Gross profit

21,958 

 

105,939 

 

126,923 

 

79,206 

 

Operating earnings (loss) 1, 2

(46,279)

 

19,662 

 

55,866 

 

55,532 

 

Earnings (loss) from continuing operations  1, 2

(57,050)

 

(16,985)

 

15,621 

 

4,488 

 

Net earnings (loss)  1, 2

(52,053)

 

(18,283)

 

14,260 

 

3,483 

 

Basic earnings (loss) per share from continuing operations

$       (0.44)

 

$       (0.13)

 

$          0.12 

 

$         0.03 

 

Diluted earnings (loss) per share from continuing operations

$       (0.44)

 

$       (0.13)

 

$          0.12 

 

$         0.03 

 

Basic net earnings (loss) per share

$       (0.40)

 

$       (0.14)

 

$          0.11 

 

$         0.03 

 

Diluted net earnings (loss) per share

$       (0.40)

 

$       (0.14)

 

$          0.11 

 

$         0.03 

 

 

 

 

1

Includes exchange offer costs as described in Note 1, as follows (in thousands): Q1 $10,065, Q2 $32,060, Q3 $1,206 and Q4 $49.

2

Includes restructuring costs as described in Note 1, as follows (in thousands): Q1 $1,411, Q2 $4,551, Q3 $3,056 and Q4 $539.