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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2020
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 2020 and 2019 is as follows (in thousands, except per share data):

    

First

    

Second

    

Third

    

Fourth

Year 2020

Quarter

Quarter

Quarter

Quarter

Revenues

$

92,382

$

86,661

$

94,653

$

92,998

Gross profit

 

28,042

 

26,460

 

28,140

 

25,933

Net income

 

4,035

 

2,896

 

4,013

 

2,699

Basic earnings per share

 

0.43

 

0.30

 

0.42

 

0.28

Diluted earnings per share

 

0.42

 

0.30

 

0.42

 

0.28

    

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

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.