SUPPLEMENTARY DATA – QUARTERLY FINANCIAL INFORMATION (UNAUDITED) |
SUPPLEMENTARY DATA – QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(All amounts in thousands, except per share data)
| | | | | | | | | | | | | | | | | | | | | | | | Quarter ended | | March 31 | | June 30 | | September 30 | | December 31 | | | Year ended December 31 | | 2014 | | | | | | | | | | | | | Net sales | | $ | 538,940 |
| | $ | 523,731 |
| | $ | 449,579 |
| | $ | 383,277 |
| | | $ | 1,895,527 |
| | Gross profit | | 54,550 |
| | 22,560 |
| (a) | 45,299 |
| | 18,234 |
| | | 140,643 |
| | Titan net income (loss) | | 2,163 |
| | (20,511 | ) | (a) | (9,067 | ) | | (53,046 | ) | (b) | | (80,461 | ) | | Per share amounts: | | |
| | |
| | |
| | |
| | | |
| | Basic | | .04 |
| | (.38 | ) | (a) | (.17 | ) | | (.99 | ) | (b) | | (1.50 | ) | (c) | Diluted | | .04 |
| | (.38 | ) | (a) | (.17 | ) | | (.99 | ) | (b) | | (1.50 | ) | (c) | 2013 | | |
| | |
| | |
| | |
| | | |
| | Net sales | | $ | 578,387 |
| | $ | 593,291 |
| | $ | 497,510 |
| | $ | 494,407 |
| | | $ | 2,163,595 |
| | Gross profit | | 96,751 |
| | 86,655 |
| | 62,506 |
| | 49,278 |
| | | 295,190 |
| | Titan net income (loss) | | 19,475 |
| (d) | 23,217 |
| (e) | 8,093 |
| | (15,580 | ) | (f) | | 35,205 |
| | Per share amounts: | | |
| | |
| | |
| | |
| | | |
| | Basic | | .38 |
| (d) | .43 |
| (e) | .15 |
| | (.29 | ) | (f) | | .66 |
| (c) | Diluted | | .34 |
| (d) | .40 |
| (e) | .15 |
| | (.29 | ) | (f) | | .64 |
| (c) |
| | (a) | Mining asset impairment and inventory writedown of $34.8 million was included in the quarter ended June 30, 2014. |
| | (b) | Noncash goodwill impairment charge of $36.6 million was included in the quarter ended December 31, 2014. |
| | (c) | As a result of changes in outstanding share balances and dilution factors, year-end per share amounts may not agree to the sum of the quarters. |
| | (d) | Convertible debt conversion charge of $7.3 million was included in the quarter ended March 31, 2013. |
| | (e) | Gain on earthquake insurance recovery of $22.5 million was included in the quarter ended June 30, 2013. |
| | (f) | Loss on senior note repurchase of $22.7 million was included in the quarter ended December 31, 2013. |
|