Quarterly information (unaudited)

12 Months Ended

Dec. 31, 2017

Quarterly information (unaudited)

Quarterly information (unaudited)

Note 15 – Quarterly information (unaudited)

($’s in 000’s except per share amounts)		Quarter 1		Quarter 2		Quarter 3		Quarter 4
2017:
Net sales	$	67,029	$	87,178	$	60,554	$	51,926
Gross profit		12,200		15,951		12,517		10,526
Selling, general, and administrative expenses		7,405		9,277		10,739		10,484
Operating income		4,795		6,674		1,778		42
Net income		4,279		6,070		859		(3,391)
Basic net income per common share(1)		-		-	$	(0.02)	$	(0.25)
Diluted net income per common share(1)		-		-	$	(0.02)	$	(0.25)
Basic weighted average shares(1)		-		-		13,222,583		13,222,583
Diluted weighted average shares(1)		-		-		13,222,583		13,222,583
		March 31, 2016		June 30, 2016		September 30, 2016		December 31, 2016
2016:
Net sales	$	52,298	$	61,280	$	41,671	$	44,913
Gross profit		9,772		8,961		6,160		7,654
Selling, general, and administrative expenses		8,063		8,302		7,942		7,538
Operating income		1,709		659		(1,782)		116
Net income		(304)		598		(2,512)		(1,177)
Basic net income per common share(1)		-		-		-		-
Diluted net income per common share(1)		-		-		-		-
Basic weighted average shares(1)		-		-		-		-
Diluted weighted average shares(1)		-		-		-		-

⁽¹⁾ Number of shares out standing and earnings per share prior to our IPO on July 26, 2017 are not reported, see Note 7 in the accompanying consolidated financial statements.