| Quarterly Financial Data |
16. QUARTERLY FINANCIAL DATA (UNAUDITED)
The following tables set forth our quarterly results for each quarter of the years ending December 31, 2015 and 2014, in thousands (except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2015
|
|
|
|
Q1 (a)
|
|
Q2
|
|
Q3
|
|
Q4
|
|
Total Year
|
|
Net sales
|
|
$
|
358,460
|
|
$
|
403,761
|
|
$
|
427,888
|
|
$
|
426,471
|
|
$
|
1,616,580
|
|
Gross profit
|
|
|
73,816
|
|
|
85,690
|
|
|
94,002
|
|
|
104,521
|
|
|
358,029
|
|
Operating profit (loss)
|
|
|
(1,147)
|
|
|
11,490
|
|
|
30,191
|
|
|
42,997
|
|
|
83,531
|
|
Income (loss) from continuing operations
|
|
|
(3,800)
|
|
|
6,630
|
|
|
16,624
|
|
|
59,669
|
|
|
79,123
|
|
Income (loss) from discontinued operations, net
|
|
|
1
|
|
|
(235)
|
|
|
—
|
|
|
82
|
|
|
(152)
|
|
Net income (loss)
|
|
$
|
(3,799)
|
|
$
|
6,395
|
|
$
|
16,624
|
|
$
|
59,751
|
|
$
|
78,971
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic income (loss) per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations
|
|
$
|
(0.10)
|
|
$
|
0.18
|
|
$
|
0.44
|
|
$
|
1.58
|
|
$
|
2.10
|
|
Loss from discontinued operations, net
|
|
|
—
|
|
|
(0.01)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
Net income (loss)
|
|
$
|
(0.10)
|
|
$
|
0.17
|
|
$
|
0.44
|
|
$
|
1.58
|
|
$
|
2.10
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted income (loss) per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations
|
|
$
|
(0.10)
|
|
$
|
0.18
|
|
$
|
0.44
|
|
$
|
1.57
|
|
$
|
2.09
|
|
Loss from discontinued operations, net
|
|
|
—
|
|
|
(0.01)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
Net income (loss)
|
|
$
|
(0.10)
|
|
$
|
0.17
|
|
$
|
0.44
|
|
$
|
1.57
|
|
$
|
2.09
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2014
|
|
|
|
Q1 (a)
|
|
Q2 (a)
|
|
Q3 (a)
|
|
Q4 (a)
|
|
Total Year (a)
|
|
Net sales
|
|
$
|
333,579
|
|
$
|
382,794
|
|
$
|
397,647
|
|
$
|
398,057
|
|
$
|
1,512,077
|
|
Gross profit
|
|
|
65,578
|
|
|
84,941
|
|
|
88,384
|
|
|
92,765
|
|
|
331,668
|
|
Operating profit (loss)
|
|
|
(7,868)
|
|
|
10,220
|
|
|
13,783
|
|
|
24,582
|
|
|
40,717
|
|
Income (loss) from continuing operations
|
|
|
(8,085)
|
|
|
6,182
|
|
|
6,458
|
|
|
5,941
|
|
|
10,496
|
|
Loss from discontinued operations, net
|
|
|
(496)
|
|
|
(348)
|
|
|
(79)
|
|
|
(170)
|
|
|
(1,093)
|
|
Net income (loss)
|
|
$
|
(8,581)
|
|
$
|
5,834
|
|
$
|
6,379
|
|
$
|
5,771
|
|
$
|
9,403
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic income (loss) per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations
|
|
$
|
(0.21)
|
|
$
|
0.16
|
|
$
|
0.17
|
|
$
|
0.16
|
|
$
|
0.28
|
|
Loss from discontinued operations, net
|
|
|
(0.01)
|
|
|
(0.01)
|
|
|
—
|
|
|
—
|
|
|
(0.03)
|
|
Net income (loss)
|
|
$
|
(0.22)
|
|
$
|
0.15
|
|
$
|
0.17
|
|
$
|
0.16
|
|
$
|
0.25
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted income (loss) per common share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations
|
|
$
|
(0.21)
|
|
$
|
0.16
|
|
$
|
0.17
|
|
$
|
0.16
|
|
$
|
0.28
|
|
Loss from discontinued operations, net
|
|
|
(0.01)
|
|
|
(0.01)
|
|
|
—
|
|
|
—
|
|
|
(0.03)
|
|
Net income (loss)
|
|
$
|
(0.22)
|
|
$
|
0.15
|
|
$
|
0.17
|
|
$
|
0.16
|
|
$
|
0.25
|
|
(a)
|
|
For comparative purposes, the computation of basic and diluted earnings per common share for prior year periods presented was calculated using the shares distributed at Separation.
|
|