XML 36 R46.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Quarterly Results of Operations (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Selected Quarterly Financial Information [Abstract]  
Schedule of Quarterly Financial Information
The following tables present selected unaudited consolidated financial data for each of the four quarters in the years ended December 31, 2019 and 2018. In the Company’s opinion, this unaudited information has been prepared on the same basis as the audited information and includes all adjustments (consisting of only normal recurring adjustments) necessary for a fair statement of the financial information for the period presented.
 
Three Months Ended
 
March 31, 2019
 
June 30, 2019
 
September 30, 2019
 
December 31, 2019
 
(in thousands, except per share data)
Net sales
$
514,872

 
$
559,911

 
$
564,906

 
$
514,841

Gross profit
$
152,960

 
$
171,537

 
$
171,795

 
$
160,317

Income from continuing operations
$
4,828

 
$
14,721

 
$
12,709

 
$
9,570

Earnings from continuing operations per share - basic
$
0.11

 
$
0.34

 
$
0.30

 
$
0.22

Earnings from continuing operations per share - diluted
$
0.11

 
$
0.34

 
$
0.30

 
$
0.22


 
Three Months Ended
 
March 31, 2018
 
June 30, 2018
 
September 30, 2018
 
December 31, 2018
 
(in thousands, except per share data)
Net sales(1)
$
463,661

 
$
522,219

 
$
542,273

 
$
516,159

Gross profit(1)
$
134,437

 
$
146,267

 
$
154,037

 
$
155,618

(Loss) income from continuing operations(1)
$
(2,264
)
 
$
1,473

 
$
(37,553
)
 
$
1,925

(Loss) earnings from continuing operations per share - basic (1)(2)
$
(0.05
)
 
$
0.03

 
$
(0.88
)
 
$
0.04

(Loss) earnings from continuing operations per share - diluted (1)(2)
$
(0.05
)
 
$
0.03

 
$
(0.88
)
 
$
0.04

(1) Excludes the mechanical insulation segment.
(2) Earnings per share is computed independently for each of the quarters presented. The sum of the quarterly earnings per share does not equal the total earnings per share computed for the year due to rounding.