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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information (unaudited)  
Quarterly Financial Information (Unaudited)

20. Quarterly Financial Information (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

 

Net sales

 

$

83,964

 

$

163,446

 

$

124,832

 

$

151,825

Gross profit

 

$

20,027

 

$

55,849

 

$

34,920

 

$

44,094

Income (loss) before taxes

 

$

(3,138)

 

$

28,080

 

$

11,069

 

$

19,748

Net income (loss)

 

$

(1,876)

 

$

21,164

 

$

9,921

 

$

14,696

Basic net earnings (loss) per common share attributable to common shareholders

 

$

(0.08)

 

$

0.92

 

$

0.43

 

$

0.64

Earnings (loss) per common share assuming dilution attributable to common shareholders

 

$

(0.08)

 

$

0.91

 

$

0.43

 

$

0.63

Dividends per share

 

$

0.27

 

$

0.27

 

$

0.27

 

$

0.27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

 

 

 

Net sales

 

$

72,248

 

$

139,371

 

$

125,339

 

$

137,969

 

Gross profit

 

$

17,187

 

$

45,033

 

$

36,055

 

$

44,811

 

Income (loss) before taxes

 

$

(5,971)

 

$

22,354

 

$

15,081

 

$

21,451

 

Net income (loss)

 

$

(3,277)

 

$

14,746

 

$

9,327

 

$

34,528

 

Basic net earnings (loss) per common share attributable to common shareholders

 

$

(0.14)

 

$

0.64

 

$

0.41

 

$

1.51

 

Earnings (loss) per common share assuming dilution attributable to common shareholders

 

$

(0.14)

 

$

0.64

 

$

0.40

 

$

1.50

 

Dividends per share

 

$

0.24

 

$

0.24

 

$

0.24

 

$

0.24

 

 

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.