CONSOLIDATED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Quarterly Financial Information

The following is a summary of the unaudited quarterly results of operations for fiscal years 2015, 2014 and 2013 (dollars in thousands, except per share amounts):

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2015
Net sales	$	437,597	$	514,831	$	531,350	$	543,711
Gross profit		57,197		72,405		86,022		87,819
Net income		10,474		28,649		31,880		33,286
Basic net income per share		0.15		0.42		0.48		0.50
Diluted net income per share⁽¹⁾		0.15		0.41		0.47		0.50
2014
Net sales	$	358,120	$	486,021	$	491,697	$	527,477
Gross profit		46,672		61,613		61,628		62,721
Net income		7,296		16,239		18,307		19,088
Basic net income per share		0.11		0.23		0.26		0.28
Diluted net income per share⁽¹⁾		0.10		0.23		0.25		0.27
2013
Net sales	$	324,229	$	413,126	$	439,977	$	458,354
Gross profit		42,186		58,853		61,497		52,587
Net income		5,735		14,135		16,236		10,423
Basic net income per share		0.08		0.20		0.24		0.15
Diluted net income per share⁽¹⁾		0.08		0.20		0.23		0.15

(1)

Basic and diluted net income per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly net income per share may differ from annual net income per share due to rounding.