XML 88 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summarized Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Data (Unaudited)

Note 15 – Summarized Quarterly Financial Data (Unaudited)

The following table presents unaudited quarterly operating results for each of our last eight fiscal quarters. This information has been prepared on a basis consistent with our audited financial statements and includes all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation of the data.

Unaudited Quarterly Operating Results

(In thousands, except for per share amounts)

 

Three Months Ended    March 31, 2013      June 30, 2013      September 30, 2013      December 31, 2013  

Net sales

   $ 143,013       $ 162,233       $ 177,404       $ 159,094   

Gross profit

   $ 69,677       $ 79,798       $ 82,547       $ 76,864   

Operating income

   $ 6,563       $ 14,053       $ 17,210       $ 10,639   

Net income

   $ 7,890       $ 9,859       $ 16,205       $ 11,840   

Earnings per common share

   $ 0.13       $ 0.17       $ 0.28       $ 0.21   

Earnings per common share assuming dilution (1)

   $ 0.13       $ 0.17       $ 0.28       $ 0.20   
Three Months Ended    March 31, 2012      June 30, 2012      September 30, 2012      December 31, 2012  

Net sales

   $ 134,735       $ 183,998       $ 162,125       $ 139,756   

Gross profit

   $ 74,087       $ 95,201       $ 79,972       $ 67,383   

Operating income

   $ 16,181       $ 26,838       $ 10,276       $ 2,874   

Net income

   $ 12,960       $ 21,070       $ 9,272       $ 3,961   

Earnings per common share

   $ 0.20       $ 0.33       $ 0.15       $ 0.06   

Earnings per common share assuming dilution (1)

   $ 0.20       $ 0.33       $ 0.15       $ 0.06   

 

(1) 

Assumes exercise of dilutive stock options calculated under the treasury stock method.