Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

Quarterly data for the years ended December 31, 2017 and 2016 consisted of the following (in thousands, except per share amounts):

	Quarter Ended
	March 31		June 30		September 30			December 31
2017
Net sales	$	171,069	$	186,549	$	179,337		$	190,897
Gross profit	75,942		84,141		80,514			85,656
Income from operations	5,609		13,362		879			13,219
Income tax expense	690		1,830		1,364			4,474
Net income (loss)	14,803		9,483		(3,569		)	6,806
Basic earnings per common share	0.33		0.19		(0.07		)	0.14
Diluted earnings per common share	0.32		0.19		(0.07		)	0.13
2016
Net sales	$	138,077	$	151,071	$	156,975		$	157,715
Gross profit	60,100		66,854		67,815			70,256
Income from operations	7,706		11,581		2,987			12,602
Income tax expense (benefit)	1,555		2,572		(978		)	2,116
Net income	4,351		7,290		973			7,507
Basic earnings per common share	0.10		0.16		0.02			0.17
Diluted earnings per common share	0.10		0.16		0.02			0.17

Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly amounts may not equal the total computed for the year.