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Quarterly Financial Results (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL RESULTS (UNAUDITED)
QUARTERLY FINANCIAL RESULTS (UNAUDITED)
Unaudited quarterly data for the years ended December 31, 2015 and 2014 are as follows:

 
December 31,
 
September 30,
 
June 30,
 
March 31,
 
2015
 
2015
 
2015
 
2015
Revenues
$
430,330

 
$
449,934

 
$
416,173

 
$
360,760

Gross Profit
137,742

 
154,017

 
136,969

 
118,742

Operating income (1)
31,032

 
69,367

 
55,803

 
43,718

Net income applicable to common shares attributed to Vector Group Ltd. (2)
$
7,904

 
$
12,466

 
$
17,607

 
$
21,221

Per basic common share (3):
 
 
 
 
 
 
 
Net income applicable to common shares attributed to Vector Group Ltd.
$
0.06

 
$
0.10

 
$
0.14

 
$
0.18

Per diluted common share (3):
 
 
 
 
 
 
 
Net income applicable to common shares attributed to Vector Group Ltd.
$
0.06

 
$
0.10

 
$
0.14

 
$
0.18

_____________________________
(1)
Operating income has been decreased by $238, $237, and $237 from the Company's previously filed Form 10-Qs for the periods ending September 30, 2015, June 30, 2015 and March 31, 2015, respectively, as a result of the application of the equity method of accounting for the Company's investments in LTS and ROX.
(2)
Net income applicable to common shares attributed to Vector Group Ltd. has been increased by $261, $265 from the Company's previously filed Form 10-Qs for the periods ending September 30, 2015 and March 31, 2015, respectively, and decreased by $261 from the Company's previously filed Form 10-Q for the period ending June 30, 2015 as a result of the application of the equity method of accounting for the Company's investments in LTS and ROX.
(3)
Per share computations include the impact of a 5% stock dividend paid on September 29, 2015 and the impact of the application of the equity method of accounting for the Company's investments in LTS and ROX. Quarterly basic and diluted net income per common share were computed independently for each quarter and do not necessarily total to the year to date basic and diluted net income per common share.

 
December 31,
 
September 30,
 
June 30,
 
March 31,
 
2014
 
2014
 
2014
 
2014
Revenues
$
417,590

 
$
419,876

 
$
406,613

 
$
347,236

Gross Profit
126,085

 
132,640

 
127,331

 
108,199

Operating income (1)
47,136

 
62,746

 
60,071

 
42,485

Net income applicable to common shares attributed to Vector Group Ltd. (2)
$
12,215

 
$
14,190

 
$
7,917

 
$
2,534

Per basic common share (3):
 

 
 

 
 

 
 

Net income applicable to common shares attributed to Vector Group Ltd.
$
0.11

 
$
0.13

 
$
0.07

 
$
0.02

Per diluted common share (3):
 

 
 

 
 

 
 

Net income applicable to common shares attributed to Vector Group Ltd.
$
0.11

 
$
0.13

 
$
0.07

 
$
0.02

_____________________________
(1)
Operating income has been decreased by $238, $237, and $237 from the Company's previously filed Form 10-Qs for the periods ending September 30, 2014, June 30, 2014 and March 31, 2014, respectively, as a result of the application of the equity method of accounting for the Company's investments in LTS and ROX.
(2)
Net income applicable to common shares attributed to Vector Group Ltd. has been decreased by $689, $8, and $46 from the Company's previously filed Form 10-Qs for the periods ending September 30, 2014, June 30, 2014 and March 31, 2014, respectively, as a result of the application of the equity method of accounting for the Company's investments in LTS and ROX.
(3)
Per share computations include the impact of a 5% stock dividend paid on September 26, 2014 and the impact of the application of the equity method of accounting for the Company's investments in LTS and ROX.. Quarterly basic and diluted net income per common share were computed independently for each quarter and do not necessarily total to the year to date basic and diluted net income per common share.