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Quarterly Financial Data
12 Months Ended
Dec. 31, 2012
Quarterly Financial Data [Abstract]  
Quarterly Financial Data

Note 17—Quarterly Financial Data (Unaudited)

 

The following table sets forth certain unaudited quarterly information with respect to the Company's results of operations for the years 2012, 2011 and 2010. Earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share may not equal the total earnings per share amounts for the fiscal year.

 

    2012 Quarter  
(in thousands, except per share data)   1st     2nd     3rd     4th  
Sales   $ 593,417     $ 630,031     $ 610,769     $ 633,933  
Gross profit     40,508       45,991       44,780       45,459  
Net income     5,598       13,580       19,314       18,115  
Earnings per common share:                                
Basic     0.10       0.24       0.35       0.33  
Diluted     0.10       0.24       0.34       0.33  

 

    2011 Quarter  
(in thousands, except per share data)   1st     2nd     3rd     4th  
Sales   $ 538,312     $ 585,549     $ 570,083     $ 559,086  
Gross profit     37,624       37,751       34,635       28,825  
Net income     14,513       14,701       19,867       2,878  
Earnings per common share:                                
Basic     0.24       0.24       0.34       0.05  
Diluted     0.24       0.24       0.34       0.05  

 

    2010 Quarter  
(in thousands, except per share data)   1st     2nd     3rd     4th  
Sales   $ 571,905     $ 589,449     $ 613,864     $ 626,925  
Gross profit     45,237       46,254       47,192       48,732  
Net income     18,142       20,137       22,469       19,010  
Earnings per common share:                                
Basic     0.29       0.32       0.36       0.31  
Diluted     0.28       0.32       0.36       0.31