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Supplementary Financial Information to Item 8.
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Supplementary Financial Information to Item 8.
SUPPLEMENTARY FINANCIAL INFORMATION TO ITEM 8.
 
The following table sets forth our selected unaudited financial information for the four quarters in the periods ended December 31, 2015 and 2014, respectively. This information has been prepared on the same basis as the audited financial statements and, in the opinion of management, contains all adjustments necessary for a fair presentation thereof.
 
QUARTERLY FINANCIAL DATA (UNAUDITED)
(amounts in thousands, except per share amounts)
 
2015
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Net sales from continuing operations
 
$
17,249

 
$
18,335

 
$
16,232

 
$
12,587

Gross profit from continuing operations
 
7,571

 
9,130

 
7,440

 
5,151

Net income from continuing operations
 
1,657

 
4,398

 
2,192

 
1,224

Net loss from discontinued operations
 
(373
)
 
(142
)
 
(81
)
 
(95
)
Net income
 
1,284

 
4,256

 
2,111

 
1,129

Net income per share (basic):
 
 
 
 
 
 
 
 
Net income from continuing operations
 
$
0.14

 
$
0.42

 
$
0.22

 
$
0.13

Net loss from discontinued operations
 
(0.03
)
 
(0.01
)
 
(0.01
)
 
(0.01
)
Net income
 
$
0.11

 
$
0.41

 
$
0.21

 
$
0.12

Net income per share (diluted):
 
 
 
 
 
 
 
 
Net income from continuing operations
 
0.14

 
0.41

 
0.22

 
0.12

Net loss from discontinued operations
 
(0.03
)
 
(0.01
)
 
(0.01
)
 
(0.01
)
Net income
 
$
0.11

 
$
0.40

 
$
0.21

 
$
0.11

 
2014
 
Fourth
Quarter
 
Third
Quarter (1)
 
Second
Quarter
 
First
Quarter
Net sales from continuing operations
 
$
8,844

 
$
7,304

 
$
4,456

 
$
2,096

Gross profit from continuing operations
 
3,190

 
2,495

 
1,499

 
594

Net (loss) income from continuing operations
 
(65
)
 
256

 
(384
)
 
(4,053
)
Net loss from discontinued operations
 
(685
)
 
(659
)
 
(238
)
 
(17
)
Net income (loss)
 
(750
)
 
(403
)
 
(622
)
 
(4,070
)
Net (loss) income per share (basic and diluted):
 
 
 
 
 
 
 
 
Net (loss) income from continuing operations
 
$
(0.01
)
 
$
0.03

 
$
(0.05
)
 
$
(0.79
)
Net loss from discontinued operations
 
(0.07
)
 
(0.08
)
 
(0.03
)
 
—

Net loss
 
$
(0.08
)
 
$
(0.05
)
 
$
(0.08
)
 
$
(0.79
)

(1) Adjusting the denominator of diluted earnings per share would be dilutive, even if an entity has income from continuing operations after adjusting for discontinued operations. Therefore, the basic weighted average shares outstanding were used in calculating both the basic and diluted earnings per share.