Transition Period

In February 2014, our Board of Directors approved a change in the Company's fiscal year (FY) end from December 31 to March 31. Accordingly, the Company is presenting audited financial statements for the quarter transition period ended March 31, 2014. The following table provides certain unaudited comparative financial information for the same period of the prior year.



	Three Months Ended March 31,
	2014			2013 (unaudited)
Net sales	$	294,716		$	263,760
Cost of sales	150,456			140,201
Gross profit	144,260			123,559
Selling, general and administrative expenses	144,668			120,907
(Loss) income from operations	(408		)	2,652
Other expense (income), net:
Interest income	(65		)	(26		)
Interest expense	516			339
Other, net	(117		)	(171		)
Total other expense	334			142
(Loss) income before income taxes	(742		)	2,510
Income tax expense	1,943			1,503
Net (loss) income	(2,685		)	1,007
Other comprehensive income (loss), net of tax:
Unrealized (loss) income on foreign currency hedging	(273		)	1,530
Foreign currency translation adjustment	873			(674		)
Total other comprehensive income	600			856
Comprehensive (loss) income	$	(2,085	)	$	1,863

Net (loss) income per share:
Basic	$	(0.08	)	$	0.03
Diluted	$	(0.08	)	$	0.03
Weighted-average common shares outstanding:
Basic	34,621,000			34,404,000
Diluted	34,621,000			34,788,000