Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

22. Quarterly Financial Data (Unaudited)

Summarized quarterly financial data for 2015 and 2014 are as follows (in thousands):

(in thousands)	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
2015
Net Sales	$	74,823		$	73,314		$	74,123		$	71,201
Gross Profit		35,769			32,667			33,705			33,381
Net (loss) income		375			(24,423	)*		5,386			3,916
Basic and diluted income (loss) per share	$	0.02		$	(1.29	)	$	0.18		$	0.13
2014
Net Sales	$	73,336		$	75,613		$	75,682		$	76,969
Gross Profit		30,061			31,059			31,638			32,761
Net (loss) income		(1,285	)		(1,636	)		(867	)		227
Basic and diluted income (loss) per share	$	(0.07	)	$	(0.09	)	$	(0.05	)	$	0.01

* Included in the net loss for the second quarter of 2015 is a $15.5 million loss on extinguishment of debt related to the redemption of the Company’s Senior Notes, a $6.5 million payment for the termination of our advisory services and monitoring agreement with Avista and $3.3 million interest payment made for interest through the redemption date (July 30, 2015) on the Company’s Senior Notes.