CONSOLIDATED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2016

13.

CONSOLIDATED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following is a summary of the unaudited quarterly results of operations for fiscal years 2016, 2015 and 2014 (dollars in thousands, except per share amounts):

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2016
Net sales	$	447,676	$	471,439	$	464,272	$	462,057
Gross profit		79,526		91,064		83,459		71,485
Net income		27,523		35,532		33,378		23,000
Basic net income per share⁽¹⁾		0.42		0.55		0.52		0.37
Diluted net income per share⁽¹⁾		0.42		0.53		0.51		0.36
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⁽¹⁾		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⁽¹⁾		0.11		0.23		0.26		0.28
Diluted net income per share⁽¹⁾		0.10		0.23		0.25		0.27

(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.