Quarterly Results Of Operations (Unaudited)

12 Months Ended

Dec. 31, 2018

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, 2018
Net sales	$	650,492	$	684,455	$	604,244	$	536,616	$	2,475,807
Gross profit	140,733		150,456		125,901		103,254		520,344
Income before income taxes	58,719		62,428		43,633		27,572		192,352
Net income	47,336		47,224		33,812		20,179		148,551
Net income per common share:
Basic	$	1.88	$	1.87	$	1.34	$	0.80	$	5.90
Diluted	$	1.86	$	1.86	$	1.33	$	0.80	$	5.83
Stock market price:
High	$	132.30	$	104.90	$	102.23	$	80.89	$	132.30
Low	$	99.46	$	80.95	$	98.40	$	59.68	$	59.68
Close (at end of quarter)	$	104.15	$	90.15	$	69.35	$	66.80	$	66.80
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

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.