Note 14 - Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following table presents selected quarterly financial data derived from our unaudited interim financial statements. The following data is only a summary and should be read with our historical consolidated financial statements and related notes contained in this document.

(In thousands, except per share amounts)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2019
Total revenues	$	57,460	$	65,761		61,380		45,612
Gross profit(a)		16,454		22,542		16,397		12,350
Operating income		8,250		12,889		6,452		1,941
Net income		6,883		10,613		5,550		1,888
Net earnings per share: (b)
Basic	$	0.17	$	0.26		0.14		0.05
Diluted	$	0.17	$	0.26		0.14		0.05
2018
Total revenues	$	55,943	$	65,278	$	62,166	$	44,187
Gross profit(a)		11,612		17,418		12,760		9,229
Operating income		5,620		10,647		5,804		2,025
Net income		5,266		10,203		6,211		3,394
Net earnings per share: (b)
Basic	$	0.13	$	0.25	$	0.15	$	0.08
Diluted	$	0.13	$	0.25	$	0.15	$	0.08

(a) Represents total revenue less cost of sales.

(b) The sum of quarterly per share amounts may not equal amounts reported for the annual periods due to the effects of rounding.