Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Data

Note 15: Selected Quarterly Financial Data (unaudited)

	First quarter		Second quarter		Third quarter		Fourth quarter
(dollars in thousands, except per share amounts)
2012 Data:
Net sales	$	74,614	$	67,866	$	61,360	$	47,150
Gross profit margin		14,275		11,570		9,337		5,967
Operating income		9,692		7,307		4,652		1,752
Provision for income taxes		2,725		2,222		1,333		54
Net income		6,286		4,505		2,745		1,081
Net income per common share:
Basic	$	0.92	$	0.66	$	0.40	$	0.16
Diluted	$	0.86	$	0.62	$	0.38	$	0.16
2011 Data:
Net sales	$	59,811	$	63,318	$	67,299	$	62,168
Gross profit margin		10,798		12,172		12,574		11,904
Operating income		6,968		8,475		7,231		7,013
Provision for income taxes		2,395		2,975		2,774		2,212
Net income		4,448		5,525		3,893		4,256
Net income per common share:
Basic	$	0.65	$	0.81	$	0.57	$	0.62
Diluted	$	0.64	$	0.79	$	0.55	$	0.59

Net income per common share amounts for each quarter is required to be computed independently. As a result, their sum may not equal the total year earnings per share amounts.