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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information (unaudited)  
Quarterly Financial Information (Unaudited)

21. Quarterly Financial Information (Unaudited)

2019

First

Second

Third

Fourth

Net sales

$

93,187

$

176,356

$

141,869

$

160,298

Gross profit

$

22,946

$

59,593

$

39,939

$

46,339

Income (loss) before taxes

$

(760)

$

33,773

$

15,542

$

14,062

Net income (loss)

$

(297)

$

25,474

$

12,429

$

11,560

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

$

(0.01)

$

1.10

$

0.54

$

0.50

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

$

(0.01)

$

1.10

$

0.53

$

0.50

Dividends per share

$

0.27

$

0.27

$

0.27

$

0.27

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

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.