QUARTERLY RESULTS OF OPERATIONS

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following tables set forth selected unaudited quarterly Consolidated Statements of Earnings information for the fiscal years ended December 31, 2016 and 2015.



(In thousands, except per share data)	First			Second			Third			Fourth
2016
Net sales	$	503,507		$	532,766		$	507,092		$	565,566
Gross profit	171,903			185,379			184,476			208,725
Earnings from continuing operations	32,819			39,963			45,932			70,668
Loss from discontinued operations	—			—			—			(2,053		)
Net earnings	32,819			39,963			45,932			68,615
Basic earnings per share
Earnings from continuing operations	$	0.74		$	0.90		$	1.04		$	1.60
Loss from discontinued operations	$	—		$	—		$	—		$	(0.05	)
Total	$	0.74		$	0.90		$	1.04		$	1.55
Diluted earnings per share
Earnings from continuing operations	$	0.73		$	0.88		$	1.02		$	1.58
Loss from discontinued operations	$	—		$	—		$	—		$	(0.05	)
Total	$	0.73		$	0.88		$	1.02		$	1.53

2015
Net sales	$	546,199		$	545,194		$	525,535		$	588,755
Gross profit	191,096			182,351			185,494			224,314
Earnings from continuing operations	43,223			40,121			38,142			70,762
Loss from discontinued operations	(27,232		)	(14,384		)	(4,258		)	(913		)
Net earnings	15,991			25,737			33,884			69,849
Basic earnings per share
Earnings from continuing operations	$	0.91		$	0.85		$	0.82		$	1.56
Loss from discontinued operations	(0.57		)	(0.31		)	(0.09		)	(0.02		)
Total	$	0.34		$	0.54		$	0.73		$	1.54
Diluted earnings per share
Earnings from continuing operations	$	0.89		$	0.83		$	0.80		$	1.53
Loss from discontinued operations	(0.56		)	(0.30		)	(0.09		)	(0.02		)
Total	$	0.33		$	0.53		$	0.71		$	1.51

Note: Certain amounts may not add due to rounding.