Schedule of Quarterly Financial Information |
The following is a summary of the unaudited quarterly results of operations for fiscal years 2023, 2022, and 2021 (dollars in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | 2023 | | | | | | | | | Net sales | | $ | 620,952 | | | $ | 686,620 | | | $ | 632,828 | | | $ | 596,100 | | Gross profit | | $ | 116,027 | | | $ | 151,027 | | | $ | 122,910 | | | $ | 108,223 | | Net income attributable to common stockholders | | $ | 51,213 | | | $ | 74,328 | | | $ | 55,329 | | | $ | 50,382 | | Basic net income attributable to common stockholders per share(1) | | $ | 1.07 | | | $ | 1.57 | | | $ | 1.18 | | | $ | 1.10 | | Diluted net income attributable to common stockholders per share(1) | | $ | 1.04 | | | $ | 1.54 | | | $ | 1.16 | | | $ | 1.07 | | 2022 | | | | | | | | | Net sales | | $ | 546,761 | | | $ | 642,769 | | | $ | 655,150 | | | $ | 657,449 | | Gross profit | | $ | 58,055 | | | $ | 78,034 | | | $ | 92,005 | | | $ | 94,597 | | Net income attributable to common stockholders | | $ | 12,074 | | | $ | 22,552 | | | $ | 36,170 | | | $ | 41,462 | | Basic net income attributable to common stockholders per share(1) | | $ | 0.25 | | | $ | 0.46 | | | $ | 0.75 | | | $ | 0.86 | | Diluted net income attributable to common stockholders per share(1) | | $ | 0.24 | | | $ | 0.46 | | | $ | 0.73 | | | $ | 0.84 | | 2021 | | | | | | | | | Net sales | | $ | 392,003 | | | $ | 449,422 | | | $ | 482,566 | | | $ | 479,277 | | Gross profit | | $ | 47,166 | | | $ | 55,608 | | | $ | 51,045 | | | $ | 42,648 | | Net income (loss) attributable to common stockholders | | $ | 3,217 | | | $ | 12,252 | | | $ | 11,008 | | | $ | (25,313) | | Basic net income (loss) attributable to common stockholders per share(1) | | $ | 0.06 | | | $ | 0.24 | | | $ | 0.22 | | | $ | (0.51) | | Diluted net income (loss) attributable to common stockholders per share(1) | | $ | 0.06 | | | $ | 0.24 | | | $ | 0.22 | | | $ | (0.51) | |
————————— (1)Basic and diluted net income (loss) attributable to common stockholders per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly net income (loss) attributable to common stockholders per share may differ from annual net income (loss) attributable to common stockholders per share due to rounding.
|