QUARTERLY RESULTS OF OPERATIONS

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS OF OPERATIONS

20. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following tables set forth selected unaudited quarterly Consolidated Statements of Earnings information for the fiscal years ended December 31, 2017 and 2016.

(In thousands, except per share data)	First		Second		Third		Fourth
2017
Net sales	$	523,591	$	567,653	$	567,901	$	611,881
Gross profit	170,775		198,770		210,783		238,267
Earnings from continuing operations	32,547		50,650		63,944		67,750
Loss from discontinued operations	—		—		—		—
Net earnings	32,547		50,650		63,944		67,750
Basic earnings per share
Earnings from continuing operations	$	0.74	$	1.15	$	1.45	$	1.54
Loss from discontinued operations	$	—	$	—	$	—	$	—
Total	$	0.74	$	1.15	$	1.45	$	1.54
Diluted earnings per share
Earnings from continuing operations	$	0.73	$	1.13	$	1.43	$	1.52
Loss from discontinued operations	$	—	$	—	$	—	$	—
Total	$	0.73	$	1.13	$	1.43	$	1.52
2016
Net sales	$	503,507	$	532,766	$	507,092	$	565,566
Gross profit	171,903		185,379		184,476		208,725
Earnings from continuing operations	32,819		39,963		45,932		70,668
Loss from discontinued operations	—		—		—		(2,053		)
Net earnings	32,819		39,963		45,932		68,615
Basic earnings per share
Earnings from continuing operations	$	0.74	$	0.90	$	1.04	$	1.60
Loss from discontinued operations	—		—		—		(0.05		)
Total	$	0.74	$	0.90	$	1.04	$	1.55
Diluted earnings per share
Earnings from continuing operations	$	0.73	$	0.88	$	1.02	$	1.58
Loss from discontinued operations	—		—		—		(0.05		)
Total	$	0.73	$	0.88	$	1.02	$	1.53

Note: Certain amounts may not add due to rounding.