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Summarized Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Data (Unaudited)

Note 14 – 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, 2015      June 30, 2015      September 30, 2015      December 31, 2015  

Net sales

   $ 142,835       $ 160,138       $ 158,078       $ 139,013   

Gross profit

   $ 65,563       $ 68,246       $ 70,649       $ 62,439   

Operating income

   $ 1,963       $ 644       $ 8,072       $ 2,800   

Net income

   $ 3,317       $ 2,544       $ 7,067       $ 5,718   

Earnings per common share

   $ 0.06       $ 0.05       $ 0.14       $ 0.12   

Earnings per common share assuming dilution (1)

   $ 0.06       $ 0.05       $ 0.14       $ 0.12   
Three Months Ended    March 31, 2014      June 30, 2014      September 30, 2014      December 31, 2014  

Net sales

   $ 147,004       $ 176,129       $ 162,892       $ 143,982   

Gross profit

   $ 77,790       $ 86,797       $ 78,257       $ 68,483   

Operating income

   $ 11,298       $ 19,339       $ 12,495       $ 3,979   

Net income

   $ 9,607       $ 14,395       $ 11,326       $ 9,292   

Earnings per common share

   $ 0.17       $ 0.26       $ 0.21       $ 0.17   

Earnings per common share assuming dilution (1)

   $ 0.17       $ 0.26       $ 0.21       $ 0.17   

 

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