Note N - Interim Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Quarterly Financial Information [Text Block]

N.   INTERIM FINANCIAL INFORMATION (UNAUDITED):

The following represents quarterly unaudited financial information for 2023 and 2022:

	(In thousands, except per share data)
							Per Share (basic and diluted)
Quarter	Net Sales		Gross Profit		Net Earnings		Net Earnings
2023
First	$	80,409	$	18,020	$	8,878	$	1.25
Second		78,946		13,380		5,503		0.77
Third		83,141		15,399		7,019		0.99
Fourth		98,416		20,653		13,159		1.85
Total	$	340,912	$	67,452	$	34,559	$	4.86
2022
First	$	60,754	$	9,711	$	2,915	$	0.41
Second		77,138		15,038	$	6,684	$	0.94
Third		69,683		17,062	$	8,927	$	1.26
Fourth		114,048		13,314		2,173		0.31
Total	$	321,623	$	55,125	$	20,699	$	2.92

Fourth quarter sales are impacted by the holiday driven seasonality of the Housewares/Small Appliance segment.  This segment typically orders/purchases inventory during the first three quarters to meet the sales demand of the fourth quarter.  The Defense and Safety segments are typically non-seasonal.