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Select Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Select Quarterly Financial Data (unaudited)
  12. Select Quarterly Financial Data (unaudited)

 

The following table presents the Company’s unaudited quarterly results of operations for each of the last eight quarters in the period ended December 31, 2016. The unaudited information has been prepared on the same basis as the audited consolidated financial statements.

 

    Year Ended December 31, 2016
    Fourth
Quarter		     Third
Quarter		     Second
Quarter		       First
Quarter		  
    (in thousands, except per share data)
                           
Sales   $ 69,257     $ 65,222     $ 62,454       $ 64,711  
Gross profit   $ 15,076     $ 12,045     $ 12,430       $ 13,399  
Operating income (loss)   $ (1,630 )(1)   $ (1,804 )   $ (3,062 )(2)     $ (39 )
Net income (loss)   $ (1,826 )(1)   $ (1,439 )   $ (2,557 )(2)     $ (184 )
Earnings (loss) per share:                                  
Basic   $ (0.11 )(1)   $ (0.09 )   $ (0.16 )(2)     $ (0.01 )
Diluted   $ (0.11 )(1)   $ (0.09 )   $ (0.16 )(2)     $ (0.01 )
                                   

 

    Year Ended December 31, 2015  
    Fourth
Quarter		     Third
Quarter		     Second
Quarter		     First
Quarter		  
    (in thousands, except per share data)  
                         
Sales   $ 70,314     $ 78,260     $ 77,959     $ 81,600  
Gross profit   $ 15,120     $ 16,131     $ 16,935     $ 17,724  
Operating income (loss)   $ 743 (3)   $ 1,783       $ (234 )(4)   $ 3,726  
Net income (loss)   $ (199 ) (3)   $ 676       $ (619 )(4)   $ 2,186  
Earnings (loss) per share:                                
Basic     $ (0.01 ) (3)   $ 0.04       $ (0.04 )(4)   $ 0.13  
Diluted     $ (0.01 ) (3)   $ 0.04       $ (0.04 )(4)   $ 0.13  

  

  (1) During the fourth quarter of 2016, the Company recorded a charge of $483 of additional cost of sales expense that related to the first three quarters of 2016 and was immaterial to each quarter.

 

  (2) During the second quarter of 2016, the Company recorded a non-cash impairment charge of $2,384. See Note 4 for additional information.
 
  (3) During the fourth quarter of 2015, the Company recorded a non-cash impairment charge of $423. See Note 4 for additional information.

 

  (4) During the second quarter of 2015, the Company recorded a non-cash impairment charge of $2,994. See Note 4 for additional information.