Quarterly Financial Results (Unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL RESULTS (UNAUDITED)

Unaudited quarterly data for the years ended December 31, 2020 and 2019 are as follows:


	December 31,		September 30,		June 30,		March 31,
	2020		2020		2020		2020
Revenues	$	554,590	$	547,831	$	445,760	$	454,488
Gross Profit	177,528		173,256		140,875		143,865
Operating income (loss)	87,333		95,917		66,797		(4,904)
Net income (loss)	32,256		38,139		25,774		(3,231)
Net income (loss) applicable to common shares attributed to Vector Group Ltd.	32,256		38,139		25,774		(3,231)
Per basic common share:
Net income (loss) applicable to common shares attributed to Vector Group Ltd.	$	0.21	$	0.25	$	0.17	$	(0.03)
Per diluted common share:
Net income (loss) applicable to common shares attributed to Vector Group Ltd.	$	0.21	$	0.25	$	0.16	$	(0.03)


	December 31,		September 30,		June 30,		March 31,
	2019		2019		2019		2019
Revenues	$	439,565	$	504,790	$	538,432	$	420,924
Gross Profit	137,636		159,334		170,258		134,904
Operating income	45,581		66,720		76,244		42,590
Net income	10,667		36,008		39,307		15,033
Net income applicable to common shares attributed to Vector Group Ltd.	10,706		36,008		39,307		14,953
Per basic common share(1):
Net income applicable to common shares attributed to Vector Group Ltd.	$	0.06	$	0.23	$	0.25	$	0.09
Per diluted common share(1):
Net income applicable to common shares attributed to Vector Group Ltd.	$	0.06	$	0.23	$	0.25	$	0.08

_____________________________

(1)Per share computations include the impact of a 5% stock dividend paid on September 27, 2019. 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.