SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2019

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

15. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected quarterly financial data for each of the four quarters in years 2019 and 2018 is as follows (in thousands, except per share data):

	First		Second		Third		Fourth
Year 2019	Quarter		Quarter		Quarter		Quarter
Revenues	$	93,896	$	92,630	$	96,633	$	87,925
Gross profit		27,662		28,422		30,030		26,470
Net income		4,470		4,445		4,618		3,489
Basic earnings per share		0.48		0.47		0.49		0.37
Diluted earnings per share		0.48		0.47		0.49		0.37

	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

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.