| Quarterly Financial Data |
15. QUARTERLY FINANCIAL DATA (UNAUDITED)
The following tables set forth our quarterly results for each quarter of the years ending December 31, 2020 and 2019, in thousands, except per share amounts:
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2020 |
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Q1 |
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Q2 |
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Q3 |
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Q4 |
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Total Year (a) |
Net sales |
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$ |
653,228 |
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$ |
646,099 |
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$ |
697,223 |
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$ |
721,487 |
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$ |
2,718,038 |
Gross profit |
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171,956 |
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178,054 |
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198,328 |
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198,020 |
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746,361 |
Operating profit |
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69,989 |
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80,454 |
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101,523 |
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103,077 |
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355,046 |
Net income |
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50,771 |
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55,496 |
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69,996 |
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70,757 |
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247,023 |
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Basic net income per common share |
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$ |
1.53 |
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$ |
1.69 |
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$ |
2.13 |
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$ |
2.16 |
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$ |
7.50 |
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Diluted net income per common share |
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$ |
1.51 |
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$ |
1.67 |
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$ |
2.11 |
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$ |
2.13 |
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$ |
7.42 |
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2019 |
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Q1 |
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Q2 |
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Q3 |
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Q4 |
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Total Year (a) |
Net sales |
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$ |
619,330 |
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$ |
660,112 |
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$ |
682,330 |
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$ |
662,349 |
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$ |
2,624,121 |
Gross profit |
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155,695 |
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174,922 |
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179,331 |
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171,319 |
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681,267 |
Operating profit |
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56,618 |
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76,039 |
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80,445 |
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76,421 |
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289,523 |
Net income |
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37,983 |
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52,051 |
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54,976 |
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45,985 |
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190,995 |
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Basic net income per common share |
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$ |
1.11 |
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$ |
1.53 |
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$ |
1.63 |
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$ |
1.38 |
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$ |
5.65 |
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Diluted net income per common share |
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$ |
1.09 |
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$ |
1.51 |
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$ |
1.60 |
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$ |
1.36 |
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$ |
5.56 |
| (a) |
Due to rounding, the sum of quarterly results may not equal the total for the year. Additionally, quarterly and year-to-date computations of per share amounts are made independently. |
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