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Quarterly Data (unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Data (unaudited)

15. Quarterly Data (unaudited)

 

Quarters (000's omitted, except per share data)               
                
2017  First  Second  Third  Fourth  Total
Net sales  $27,745   $38,849   $33,785   $30,171   $130,550 
Cost of goods sold   17,181    24,366    21,559    19,545    82,651 
Gross profit   10,564    14,483    12,226    10,626    47,899 
Net income   659    2,846    1,202    (655)   4,052 
Basic earnings per share  $0.20   $0.85   $0.36   $(0.20)  $1.21 
Diluted earnings per share  $0.18   $0.75   $0.32   $(0.16)  $1.09 
Dividends per share  $0.10   $0.11   $0.11   $0.11   $0.43 
                          
2016   First    Second    Third    Fourth    Total 
Net sales  $25,288   $40,997   $31,913   $26,377   $124,574 
Cost of goods sold   16,103    26,302    20,050    16,564    79,019 
Gross profit   9,185    14,695    11,863    9,813    45,555 
Net income   565    3,267    1,473    545    5,851 
Basic earnings per share  $0.17   $0.98   $0.44   $0.16   $1.76 
Diluted earnings per share  $0.16   $0.91   $0.40   $0.15   $1.64 
Dividends per share  $0.10   $0.10   $0.10   $0.10   $0.40 

 

Earnings per share were computed independently for each of the quarters presented. Therefore, the sum of the four quarterly earnings per share amounts may not necessarily equal the earnings per share for the year.