Quarterly Results Of Operations (Unaudited)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

Interim unaudited financial information follows:

(In thousands, except per share amounts)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
Year ended December 31, 2017
Net sales	$	498,336	$	547,483	$	554,814	$	547,137	$	2,147,770
Gross profit	124,014		131,087		121,220		116,793		493,114
Income before income taxes	58,692		62,626		47,616		43,910		212,844
Net income	43,145		40,137		32,138		17,464		132,884
Net income per common share:
Basic	$	1.73	$	1.61	$	1.28	$	0.70	$	5.31
Diluted	$	1.71	$	1.59	$	1.26	$	0.68	$	5.24
Stock market price:
High	$	117.15	$	106.23	$	116.63	$	132.73	$	132.73
Low	$	94.98	$	86.25	$	93.08	$	104.15	$	86.25
Close (at end of quarter)	$	99.80	$	102.40	$	115.85	$	130.00	$	130.00
Year ended December 31, 2016
Net sales	$	422,798	$	440,831	$	412,370	$	402,899	$	1,678,898
Gross profit	108,441		116,904		105,550		98,008		428,903
Income before income taxes	55,252		58,975		44,742		40,203		199,172
Net income	35,959		37,569		29,844		26,299		129,671
Net income per common share:
Basic	$	1.46	$	1.52	$	1.21	$	1.06	$	5.26
Diluted	$	1.45	$	1.51	$	1.19	$	1.05	$	5.20
Stock market price:
High	$	65.00	$	85.38	$	103.19	$	113.65	$	113.65
Low	$	51.67	$	60.53	$	83.74	$	80.65	$	51.67
Close (at end of quarter)	$	64.46	$	84.84	$	98.02	$	107.75	$	107.75

The sum of per share amounts for the four quarters may not equal the total per share amounts for the year as a result of changes in the weighted average common shares outstanding or rounding.