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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information (Unaudited)  
Summary of quarterly financial information

 

 

 
  Quarter  
 
  First   Second   Third   Fourth  
 
  (in thousands, except per share data)
 

2013

                         

Sales(1)

  $ 67,219   $ 79,355   $ 79,783   $ 103,102  

Gross profit(1)

    18,972     22,767     22,042     29,458  

Income from continuing operations(1)

    452     2,691     2,541     1,312  

Income from discontinued operations, net of tax

        201     284     157  

Gain on disposal of discontinued operations, net of tax

                4,890  

Net income

    40     2,265     1,479     6,143  

Basic earnings per share:

                         
                   

Weighted average shares outstanding

    11,660     11,663     11,721     12,160  
                   

Basic earnings per share from:

                         

Continuing operations

  $   $ 0.17   $ 0.10   $ 0.09  

Income from discontinued operations

        0.02     0.03     0.01  

Gain on disposal of discontinued operations

                0.40  
                   

Basic Earnings per share(2)

  $   $ 0.19   $ 0.13   $ 0.50  
                   
                   

Diluted earnings per share:

                         
                   

Weighted average shares outstanding

    11,743     11,754     11,813     12,253  
                   

Diluted earnings per share from:

                         

Continuing operations

  $   $ 0.17   $ 0.10   $ 0.09  

Income from discontinued operations

        0.02     0.03     0.01  

Gain on disposal of discontinued operations

                0.40  
                   

Diluted Earnings per share(2)

  $   $ 0.19   $ 0.13   $ 0.50  
                   
                   


 

 
  Quarter  
 
  First   Second   Third   Fourth  
 
  (in thousands, except per share data)
 

2012

                         

Sales

  $ 74,650   $ 86,320   $ 82,883   $ 90,560  

Gross profit

    21,189     23,972     23,994     27,682  

Income from operations

    3,388     4,838     5,311     6,545  

Net income

    2,443     3,640     4,020     7,752  

Basic earnings per share:

   
 
   
 
   
 
   
 
 

Weighted average shares outstanding

    11,524     11,562     11,567     11,574  

Earnings per share

  $ 0.21   $ 0.31   $ 0.35   $ 0.67  

Diluted earnings per share:

   
 
   
 
   
 
   
 
 

Weighted average shares outstanding

    11,557     11,600     11,606     11,619  

Earnings per share

  $ 0.21   $ 0.31   $ 0.34   $ 0.66  

(1)
The 2013 second and third quarter sales, gross profit and income from continuing operations have been recast from their original reported amounts to reflect the effects of discontinued operations.

(2)
Due to the changes in outstanding shares from quarter to quarter, the total earnings per share of the four quarters may not necessarily equal the earnings per share for the year.