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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2018
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

13. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected quarterly financial data for each of the four quarters in years 2018 and 2017 is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

Year 2018

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Revenues

 

$

76,576

 

$

79,981

 

$

80,092

 

$

73,962

Gross profit

 

 

22,554

 

 

23,517

 

 

23,762

 

 

21,570

Net income

 

 

4,198

 

 

4,231

 

 

4,860

 

 

2,636

Basic earnings per share

 

 

0.45

 

 

0.46

 

 

0.52

 

 

0.28

Diluted earnings per share

 

 

0.45

 

 

0.45

 

 

0.52

 

 

0.28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

Year 2017

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Revenues

 

$

61,354

 

$

60,335

 

$

64,968

 

$

65,355

Gross profit

 

 

17,701

 

 

17,881

 

 

19,546

 

 

20,551

Net income

 

 

2,657

 

 

2,227

 

 

3,057

 

 

95

Basic earnings per share

 

 

0.29

 

 

0.24

 

 

0.33

 

 

0.01

Diluted earnings per share

 

 

0.29

 

 

0.24

 

 

0.33

 

 

0.01

 

Note: The sum of the quarterly net income per share (basic and diluted) may differ from the annual net income per share (basic and diluted) because of differences in the weighted average number of common shares outstanding and the common shares used in the quarterly and annual computations as well as differences in rounding.