Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data

v3.10.0.1
Quarterly Financial Data
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data  
Quarterly Financial Data

14. QUARTERLY FINANCIAL DATA (UNAUDITED)

 

The following tables set forth our quarterly results for each quarter of the years ending December 31, 2018 and 2017, in thousands, except per share amounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

Q1

 

Q2

 

Q3

 

Q4

 

Total Year (a)

Net sales

 

$

491,444

 

$

605,969

 

$

647,289

 

$

639,547

    

$

2,384,249

Gross profit

 

 

111,018

 

 

145,041

 

 

161,865

 

 

158,226

 

 

576,152

Operating profit

 

 

33,893

 

 

43,681

 

 

66,217

 

 

65,161

 

 

208,953

Net income

 

 

26,388

 

 

27,153

 

 

42,658

 

 

38,553

 

 

134,752

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income per common share

 

$

0.75

 

$

0.77

 

$

1.22

 

$

1.12

 

$

3.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income per common share

 

$

0.74

 

$

0.76

 

$

1.19

 

$

1.10

 

$

3.78

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

Q1

 

Q2

 

Q3

 

Q4

 

Total Year (a)

Net sales

 

$

441,363

    

$

474,458

    

$

489,044

    

$

501,401

    

$

1,906,266

Gross profit

 

 

101,628

 

 

116,609

 

 

120,839

 

 

122,033

 

 

461,109

Operating (loss) profit

 

 

(3,463)

 

 

40,796

 

 

49,562

 

 

49,970

 

 

136,864

Net (loss) income

 

 

(1,710)

 

 

23,460

 

 

31,393

 

 

104,991

 

 

158,133

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) income per common share

 

$

(0.05)

 

$

0.64

 

$

0.90

 

$

3.00

 

$

4.41

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted (loss) income per common share

 

$

(0.05)

 

$

0.63

 

$

0.88

 

$

2.93

 

$

4.32


(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.