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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)

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2019

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First

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Second

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Third

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Fourth

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Net sales

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$

93,187

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$

176,356

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$

141,869

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$

160,298

Gross profit

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$

22,946

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$

59,593

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$

39,939

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$

46,339

Income (loss) before taxes

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$

(760)

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$

33,773

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$

15,542

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$

14,062

Net income (loss)

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$

(297)

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$

25,474

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$

12,429

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$

11,560

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

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$

(0.01)

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$

1.10

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$

0.54

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$

0.50

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

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$

(0.01)

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$

1.10

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$

0.53

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$

0.50

Dividends per share

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$

0.27

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$

0.27

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$

0.27

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$

0.27

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2018

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First

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Second

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Third

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Fourth

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Net sales

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$

83,964

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$

163,446

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$

124,832

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$

151,825

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Gross profit

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$

20,027

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$

55,849

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$

34,920

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$

44,094

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Income (loss) before taxes

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$

(3,138)

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$

28,080

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$

11,069

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$

19,748

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Net income (loss)

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$

(1,876)

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$

21,164

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$

9,921

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$

14,696

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

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$

(0.08)

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$

0.92

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$

0.43

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$

0.64

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

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$

(0.08)

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$

0.91

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$

0.43

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$

0.63

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Dividends per share

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$

0.27

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$

0.27

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$

0.27

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$

0.27

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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.