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UNAUDITED QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 28, 2019
UNAUDITED QUARTERLY FINANCIAL DATA  
UNAUDITED QUARTERLY FINANCIAL DATA

14. UNAUDITED QUARTERLY FINANCIAL DATA

 

The following table and footnotes provide summarized unaudited fiscal quarterly financial data for 2019 and 2018 (amounts in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

    

First

    

Second

    

Third

    

Fourth

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

22,528

 

$

25,257

 

$

31,987

 

$

33,504

 

Gross profit

 

 

4,681

 

 

3,722

 

 

7,535

 

 

8,615

 

Depreciation, depletion and amortization

 

 

519

 

 

254

 

 

597

 

 

592

 

Net income (loss)

 

 

13,322

 

 

(4,836)

 

 

(20,284)

 

 

(2,100)

 

Basic and diluted income (loss) per share

 

 

7.80

 

 

(2.82)

 

 

(11.85)

 

 

(1.23)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

    

First

    

Second

    

Third

    

Fourth

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

23,410

 

$

25,557

 

$

23,965

 

$

27,955

 

Gross profit

 

 

5,006

 

 

5,974

 

 

5,225

 

 

6,649

 

Depreciation, depletion and amortization

 

 

405

 

 

405

 

 

393

 

 

269

 

Net (loss) income

 

 

(6,193)

 

 

2,113

 

 

(1,236)

 

 

(540)

 

Basic and diluted (loss) income per share

 

 

(3.65)

 

 

1.24

 

 

(0.73)

 

 

(0.32)

 

 

Earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share may not equal the total for the year.