Quarterly Financial Data

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data

NOTE R — Quarterly Financial Data

Quarterly Results of Operations

(Unaudited)

($ in thousands)	First		Second			Third		Fourth
2013
Net sales	$	98,062	$	105,381		$	103,632	$	102,386
Gross margins		26,786		32,400			32,001		30,166
Operating earnings/(loss)		2,681		2,443			7,553		5,010
Earnings/(loss) from continuing operations		2,988		(10,253	)		5,115		4,147
Earnings/(loss) from discontinued operations		580		(1,082	)		1,704		(7,128	)
Net earnings/(loss)		3,568		(11,335	)		6,819		(2,981	)
Basic earnings per share:
Earnings 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	)
2012
Net sales	$	76,418	$	76,823		$	75,565	$	75,675
Gross margins		22,781		23,202			23,146		22,387
Operating earnings/(loss)		1,646		2,391			3,283		7,741
Earnings/(loss) from continuing operations		1,947		2,013			3,601		5,931
Earnings/(loss) from discontinued operations		336		1,288			2,316		2,901
Net earnings/(loss)		2,283		3,301			5,917		8,832
Basic earnings per share:
Earnings from continuing operations	$	0.06	$	0.07		$	0.10	$	0.17
Earnings/(loss) from discontinued operations		0.01		0.03			0.07		0.09
Total	$	0.07	$	0.10		$	0.17	$	0.26
Diluted earnings per share:
Earnings from continuing operations	$	0.06	$	0.06		$	0.10	$	0.17
Earnings/(loss) from discontinued operations		0.01		0.04			0.07		0.08
Total	$	0.07	$	0.10		$	0.17	$	0.25