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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
Summarized quarterly financial data is as follows: 
 
2019
(In thousands, except per share amounts)
March 31,
 
June 30,
 
September 30,
 
December 31,
Net sales
$
184,163

 
$
193,896

 
$
200,724

 
$
174,694

Gross profit
39,874

 
33,993

 
46,479

 
49,857

Operating income (loss)
1,663

 
(3,926
)
 
6,127

 
11,451

Net income (loss)
(1,005
)
 
(5,061
)
 
2,669

 
7,027

 
 
 
 
 
 
 
 
Earnings (loss) per share (1):
 
 
 
 
 
 
 
Basic
$
(0.07
)
 
$
(0.37
)
 
$
0.19

 
$
0.50

Diluted
$
(0.07
)
 
$
(0.37
)
 
$
0.19

 
$
0.49

 
 
2018
(In thousands, except per share amounts)
March 31,
 
June 30,
 
September 30,
 
December 31,
Net sales
$
164,698

 
$
162,523

 
$
182,717

 
$
170,303

Gross profit
37,202

 
26,759

 
40,316

 
37,527

Operating income (loss)
904

 
(9,870
)
 
4,729

 
2,572

Net income (loss)
(587
)
 
22,659

 
959

 
(11,107
)
Earnings (loss) per share (1):
 
 
 
 
 
 
 
Basic
$
(0.04
)
 
$
1.61

 
$
0.07

 
$
(0.80
)
Diluted
$
(0.04
)
 
$
1.60

 
$
0.07

 
$
(0.80
)
 
(1) 
The earnings per common share calculations for each of the quarters were based upon the weighted average number of shares and share equivalents outstanding during each period, and the sum of the quarters may not be equal to the full year earnings per share amounts.