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Note 10 - Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
1
0.
     
Quarterly Results of Operations (Unaudited)
 
   
(in thousands, except per share data)
 
201
7
Quarters:
 
First
   
Second
   
Third
   
Fourth
 
Net Sales
 
$
11,190
   
$
11,615
   
$
10,427
   
$
11,946
 
Gross
profit
 
 
2,237
   
 
2,732
   
 
2,333
   
 
(2,466
)
                                 
Net
(
loss
) income
 
$
(416
)
 
$
14
   
$
(305
)
 
$
(7,002
)
(1)
                                 
 
Net loss per share
(2)
:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
(.03
)
 
$
-
   
$
(.02
)
 
$
(.49
)
Diluted
 
$
(.03
)
 
$
-
   
$
(.02
)
 
$
(.49
)
 
2016 Quarters:
 
First
   
Second
   
Third
   
Fourth
 
Net Sales   $
11,683
    $
12,053
    $
11,036
    $
9,802
 
Gross profit    
2,541
     
2,062
     
1,835
     
1,976
 
                                 
Net loss
  $
(1,485
)   $
(1,392
)   $
(2,080
)   $
(301
)
(1)
 
Net loss per share
(2:
                               
Basic
  $
(.10
)   $
(.10
)   $
(.15
)   $
(.02
)
Diluted
  $
(.10
)   $
(.10
)   $
(.15
)   $
(.02
)
 
 
(
1
)
Includes proceeds received from the Continued Dumping and Subsidy Offset Act, net of taxes, of
$0.4
million in the
fourth
quarter of
2017
and
$1.1
million in
fourth
quarter of
2016.
 
(
2
)
The sum of individual quarterly net loss per share
may
not
agree to the total for the year due to each period’s computation being based on the weighted average number of common shares outstanding during each period.