| Schedule of quarterly financial information |
The following tables set forth our quarterly results for each quarter of the years ending December 31, 2019 and 2018, in thousands, except per share amounts:
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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 |
|
|
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 |
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2018 |
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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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$ |
491,444 |
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$ |
605,969 |
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$ |
647,289 |
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$ |
639,547 |
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$ |
2,384,249 |
Gross profit |
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|
111,018 |
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|
145,041 |
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|
161,865 |
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158,226 |
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|
576,152 |
Operating profit |
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33,893 |
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43,681 |
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66,217 |
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65,161 |
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208,953 |
Net income |
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26,388 |
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27,153 |
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42,658 |
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38,553 |
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134,752 |
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Basic net income per common share |
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$ |
0.75 |
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$ |
0.77 |
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$ |
1.22 |
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$ |
1.12 |
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$ |
3.86 |
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Diluted net income per common share |
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$ |
0.74 |
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$ |
0.76 |
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$ |
1.19 |
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$ |
1.10 |
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$ |
3.78 |
| (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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