Quarterly Financial Data

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data

NOTE 21 — Quarterly Financial Data

Quarterly Results of Operations

(Unaudited)

	First		Second		Third		Fourth
2019
Net sales	$	117,625	$	120,684	$	115,651	$	115,040
Gross margin	$	40,615	$	41,204	$	37,057	$	38,700
Operating earnings	$	14,218	$	17,083	$	10,124	$	12,391
Net earnings	$	11,419	$	11,943	$	2,722	$	10,062
Basic earnings per share	$	0.35	$	0.36	$	0.08	$	0.31
Diluted earnings per share	$	0.34	$	0.36	$	0.08	$	0.31
2018
Net sales	$	113,530	$	118,021	$	118,859	$	120,073
Gross margin	$	38,433	$	41,813	$	42,082	$	42,645
Operating earnings	$	13,359	$	14,544	$	16,118	$	17,017
Net earnings	$	11,548	$	7,209	$	10,211	$	17,564
Basic earnings per share	$	0.35	$	0.22	$	0.31	$	0.53
Diluted earnings per share	$	0.34	$	0.21	$	0.30	$	0.52