Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information (unaudited)

Quarterly Financial Information (Unaudited)

19. Quarterly Financial Information (Unaudited)

		2016
		First		Second		Third		Fourth
Net sales	$	48,789	$	113,763	$	123,573	$	130,143
Gross profit	$	14,131	$	41,521	$	36,644	$	41,678
Income before taxes	$	8,606	$	25,551	$	11,873	$	17,666
Net income	$	5,278	$	16,328	$	7,302	$	10,101
Basic net earnings per common share attributable to common shareholders	$	0.23	$	0.72	$	0.32	$	0.44
Earnings per common share assuming dilution attributable to common shareholders	$	0.23	$	0.71	$	0.32	$	0.44
Dividends per share	$	0.24	$	0.24	$	0.24	$	0.24

Results for the year ended December 31, 2016 include Dejana which was purchased on July 15, 2016.     Additionally, the first quarter of 2016 includes the impact of litigation proceeds of $10,050.

		2015
		First		Second		Third		Fourth
Net sales	$	53,890	$	107,143	$	120,565	$	118,810
Gross profit	$	16,437	$	37,010	$	40,865	$	38,551
Income before taxes	$	603	$	20,954	$	23,672	$	21,034
Net income	$	383	$	13,104	$	15,548	$	15,141
Basic net earnings per common share attributable to common shareholders	$	0.02	$	0.58	$	0.69	$	0.67
Earnings per common share assuming dilution attributable to common shareholders	$	0.01	$	0.57	$	0.68	$	0.66
Dividends per share	$	0.22	$	0.22	$	0.22	$	0.22

Due to changes in stock prices during the year and timing of issuance of shares, the sum of quarterly earnings per share may not equal the annual earnings per share.