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Selected quarterly financial data
12 Months Ended
Dec. 31, 2019
Selected Quarterly Financial Information [Abstract]  
Selected quarterly financial data Selected quarterly financial data
The following table sets forth selected quarterly financial data of the Company:
(unaudited)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
2019
Net sales$1,351,705  $1,359,721  $1,353,931  $1,308,850  
Gross profit270,121  275,336  265,485  246,887  
Restructuring/Asset impairment charges10,672  13,355  6,615  29,238  
Net income attributable to Sonoco73,663  81,159  92,064  44,899  
Per common share:
Net income attributable to Sonoco:
- basic$0.73  $0.81  $0.91  $0.45  
- diluted$0.73  $0.80  $0.91  $0.44  
Cash dividends
- common$0.41  $0.43  $0.43  $0.43  
Market price
- high$61.79  $66.23  $66.57  $62.77  
- low$51.29  $59.65  $55.44  $55.12  
2018
Net sales$1,304,187  $1,366,373  $1,364,762  $1,355,616  
Gross profit250,602  276,460  259,636  254,308  
Restructuring/Asset impairment charges3,063  3,567  22,061  11,380  
Net income attributable to Sonoco74,055  89,412  72,415  77,678  
Per common share:
Net income attributable to Sonoco:
- basic$0.74  $0.89  $0.72  $0.78  
- diluted$0.73  $0.88  $0.72  $0.77  
Cash dividends
- common$0.39  $0.41  $0.41  $0.41  
Market price
- high$55.43  $53.80  $58.69  $58.31  
- low$46.55  $46.94  $51.18  $50.30