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Note 15 - Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2020
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

2020

 

 

  

 

 

  

 

 

  

 

 

  

Total revenues

 

$

41,936

 

$

36,374

 

$

39,459

 

$

51,146

Gross profit(a)

 

 

11,002

 

 

6,240

 

 

3,770

 

 

2,400

Operating income

 

 

1,142

 

 

(4,299)

 

 

(7,582)

 

 

(8,354)

Net income

 

 

1,963

 

 

2,652

 

 

(4,776)

 

 

(4,746)

Net earnings per share: (b)

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.05

 

$

0.06

 

$

(0.11)

 

$

(0.11)

Diluted

 

$

0.05

 

$

0.06

 

$

(0.11)

 

$

(0.11)

 

 

 

 

 

 

 

 

 

 

 

 

 

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


(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.