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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Data
Selected unaudited quarterly financial data for the years 2011 and 2012 are summarized below:
 
   
2011
   
2012
 
   
First
   
Second
   
Third
   
Fourth
   
First
   
Second
   
Third
   
Fourth
 
   
Quarter
   
Quarter
   
Quarter
   
Quarter
   
Quarter
   
Quarter
   
Quarter
   
Quarter
 
   
(in thousands, except per share data)
 
Net sales
  $ 72,323       131,930       332,419       141,079     $ 73,405     $ 145,359     $ 314,491     $ 133,507  
Gross profit
  $ 24,271       45,092       105,670       18,987     $ 23,566     $ 46,893     $ 96,712     $ 30,766  
Income (loss) from operations
  $ (14,790 )     1,998       50,068       (35,996 )   $ (19,410 )   $ 107     $ 37,296     $ (31,215 )
Income (loss) before provision (benefit) for income taxes
  $ (16,716 )     6,087       48,081       (37,990 )   $ (21,192 )   $ 288     $ 36,426     $ (34,171 )
Net income (loss)
  $ (10,575 )     4,240       34,825       (20,018 )   $ (16,000 )   $ 214     $ 30,443     $ (119,457 )
Basic earnings (loss) per share
  $ (0.39 )     0.16       1.32       (0.77 )   $ (0.62 )   $ 0.01     $ 1.38     $ (5.45 )
Weighted average shares outstanding
    27,217       26,948       26,476       25,839       25,831       25,765       22,110       21,923  
Diluted earnings (loss) per share
  $ (0.39 )     0.16       1.10       (0.77 )   $ (0.62 )   $ 0.01     $ 1.10     $ (5.45 )
Weighted average shares and equivalents outstanding
    27,217       27,096       32,922       25,839       25,831       25,870       28,933       21,923