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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED) QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterly financial information is presented in the following summary for the years ended December 31, 2019 and 2018:
For the Year Ended December 31, 2019
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Year
Net sales$78,750  $106,796  $146,488  $189,888  $521,922  
Gross profit23,822  37,759  54,345  67,443  183,369  
(Loss) income from operations(17,060) (6,219) 11,658  21,833  10,212  
Net (loss) income(14,424) (5,336) 8,682  24,998  13,920  
(Loss) earnings per share: (1)
Basic$(0.50) $(0.18) $0.30  $0.86  $0.48  
Diluted$(0.50) $(0.18) $0.30  $0.86  $0.48  
Weighted average common shares:
Basic28,883  29,064  29,077  29,160  29,047  
Diluted28,883  29,064  29,127  29,379  29,242  
For the Year Ended December 31, 2018
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Year
Net sales$112,066  $118,565  $141,087  $166,513  $538,231  
Gross profit37,592  37,657  52,171  58,453  185,873  
Income from operations7,919  5,193  18,256  20,328  51,696  
Net income7,029  3,216  14,626  14,318  39,189  
Earnings per share: (1)
Basic$0.25  $0.11  $0.52  $0.52  $1.40  
Diluted$0.24  $0.11  $0.51  $0.52  $1.38  
Weighted average common shares:
Basic28,209  28,299  28,241  27,687  28,064  
Diluted28,693  28,666  28,563  28,258  28,500  
(1) The earnings per share calculations for each of the quarters were based upon the weighted average number of shares outstanding during each period, and the sum of the quarters may not be equal to the full year earnings per common share amounts.