XML 65 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Unaudited Quarterly Results
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Results
Unaudited Quarterly Results

Unaudited quarterly financial results during the years ended December 31, 2013 and 2012 were as follows:
(in thousands, except per share amounts)
 
Fiscal 2013 Quarter Ended (Unaudited)
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
Net sales
 
$
148,957

 
$
182,084

 
$
171,874

 
$
152,309

Operating income
 
$
11,201

 
$
17,964

 
$
16,249

 
$
5,536

Income from continuing operations before tax and equity investment
 
$
2,180

 
$
17,687

 
$
14,004

 
$
4,278

Net income (loss) from discontinued operations
 
$
9,541

 
$
1,661

 
$
2,904

 
$
(204
)
Net income
 
$
8,017

 
$
11,872

 
$
9,643

 
$
12,497

Comprehensive income
 
$
11,431

 
$
12,691

 
$
7,694

 
$
54,450

Basic and diluted income per share of common stock
 
 
 
 
 
 
(Loss) income from continuing operations, net of tax, per share
 
$
(0.11
)
 
$
0.76

 
$
0.51

 
$
0.96

Discontinued operations, net of tax, per share
 
$
0.72

 
$
0.12

 
$
0.22

 
$
(0.01
)
Net income per share
 
$
0.61

 
$
0.88

 
$
0.73

 
$
0.95

 
 
 
 
 
 
 
 
 
(in thousands, except per share amounts)
 
Fiscal 2012 Quarter Ended (Unaudited)
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
Net sales
 
$
144,386

 
$
164,430

 
$
144,628

 
$
126,084

Operating income
 
$
10,482

 
$
19,397

 
$
12,855

 
$
7,056

Income from continuing operations before tax and equity investment
 
$
7,519

 
$
16,546

 
$
7,331

 
$
3,818

Net income from discontinued operations
 
$
585

 
$
1,230

 
$
1,205

 
$
1,312

Net income
 
$
5,096

 
$
10,952

 
$
5,930

 
$
4,503

Comprehensive income (loss)
 
$
4,945

 
$
1,617

 
$
9,551

 
$
(27,411
)
Basic and diluted income per share of common stock
 
 
 
 
 
 
Income from continuing operations, net of tax, per share
 
$
0.35

 
$
0.74

 
$
0.36

 
$
0.24

Discontinued operations, net of tax, per share
 
$
0.05

 
$
0.09

 
$
0.09

 
$
0.10

Net income per share
 
$
0.40

 
$
0.83

 
$
0.45

 
$
0.34



Other comprehensive income (loss) of $41.8 million and $(29.2) million, net of tax, were recorded in the fourth quarter of 2013 and 2012, respectively, principally from unrealized actuarial gains (losses) associated with the Company's defined benefit pension plans.