Quarterly Financial Data

12 Months Ended

Dec. 31, 2014

Quarterly Financial Data

Quarterly Financial Data

NOTE 19 — Quarterly Financial Data

Quarterly Results of Operations
(Unaudited)

($ in thousands)	First		Second			Third		Fourth
2014
Net sales	$	100,706	$	102,980		$	99,957	$	100,378
Gross margin		30,615		33,823			32,499		33,026
Operating earnings		10,845		9,945			11,223		10,310
Net earnings		5,080		6,361			8,117		6,964
Basic earnings per share	$	0.15	$	0.19		$	0.24	$	0.21
Diluted earnings per share	$	0.15	$	0.19		$	0.24	$	0.21
2013
Net sales	$	98,062	$	105,381		$	103,632	$	102,386
Gross margin		26,786		32,400			32,001		30,166
Operating earnings		2,681		2,443			7,553		5,010
Earnings (loss) from continuing operations		2,988		(10,253	)		5,115		4,148
Earnings (loss) from discontinued operations		580		(1,082	)		1,704		(7,129	)
Net earnings (loss)		3,568		(11,335	)		6,819		(2,981	)
Basic earnings per share:
Earnings (loss)from continuing operations	$	0.09	$	(0.31	)	$	0.16	$	0.12
Earnings (loss) from discontinued operations		0.02		(0.03	)		0.04		(0.21	)
Total	$	0.11	$	(0.34	)	$	0.20	$	(0.09	)
Diluted earnings per share:
Earnings from continuing operations	$	0.09	$	(0.31	)	$	0.16	$	0.12
Earnings (loss) from discontinued operations		0.01		(0.03	)		0.05		(0.21	)
Total	$	0.10	$	(0.34	)	$	0.21	$	(0.09	)