XML 42 R24.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Results Of Operations (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

Interim unaudited financial information follows:
(In thousands, except per share amounts)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
Year ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
422,798

 
$
440,831

 
$
412,370

 
$
402,899

 
$
1,678,898

Gross profit
 
$
108,441

 
$
116,904

 
$
105,550

 
$
98,008

 
$
428,903

Income before income taxes
 
$
55,252

 
$
58,975

 
$
44,742

 
$
40,203

 
$
199,172

Net income
 
$
35,959

 
$
37,569

 
$
29,844

 
$
26,299

 
$
129,671

 
 
 
 
 
 
 
 
 
 
 
Net income per common share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
1.46

 
$
1.52

 
$
1.21

 
$
1.06

 
$
5.26

Diluted
 
$
1.45

 
$
1.51

 
$
1.19

 
$
1.05

 
$
5.20

 
 
 
 
 
 
 
 
 
 
 
Stock market price:
 
 
 
 
 
 
 
 
 
 
High
 
$
64.46

 
$
85.09

 
$
102.46

 
$
112.95

 
$
112.95

Low
 
$
52.85

 
$
60.75

 
$
84.61

 
$
84.20

 
$
52.85

Close (at end of quarter)
 
$
64.46

 
$
84.84

 
$
98.02

 
$
107.75

 
$
107.75

 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2015
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
361,457

 
$
362,085

 
$
345,296

 
$
334,228

 
$
1,403,066

Gross profit
 
$
76,403

 
$
82,060

 
$
74,125

 
$
73,414

 
$
306,002

Income before income taxes
 
$
31,649

 
$
33,019

 
$
26,576

 
$
23,125

 
$
114,369

Net income
 
$
20,073

 
$
20,869

 
$
17,263

 
$
16,140

 
$
74,345

 
 
 
 
 
 
 
 
 
 
 
Net income per common share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.83

 
$
0.86

 
$
0.71

 
$
0.66

 
$
3.06

Diluted
 
$
0.82

 
$
0.85

 
$
0.70

 
$
0.65

 
$
3.02

 
 
 
 
 
 
 
 
 
 
 
Stock market price:
 
 
 
 
 
 
 
 
 
 
High
 
$
64.61

 
$
62.60

 
$
59.42

 
$
61.90

 
$
64.61

Low
 
$
47.63

 
$
55.26

 
$
52.42

 
$
53.55

 
$
47.63

Close (at end of quarter)
 
$
61.54

 
$
58.02

 
$
54.61

 
$
60.89

 
$
60.89



The sum of per share amounts for the four quarters may not equal the total per share amounts for the year as a result of changes in the weighted average common shares outstanding or rounding.