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Summary of Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 28, 2019
Summary Of Quarterly Financial Data Unaudited [Abstract]  
Summary of Quarterly Financial Data (unaudited)

The following is a condensed summary of our quarterly results (in thousands, except net income per share amounts). Quarterly diluted net income per share amounts may not total to the respective annual amount due to changes in weighted-average shares outstanding during the year.

 

 

Quarter

 

 

 

 

 

 

 

1st

 

 

2nd

 

 

3rd

 

 

4th

 

 

2019

 

Net sales

 

$

426,445

 

 

$

355,963

 

 

$

474,778

 

 

$

441,166

 

 

$

1,698,352

 

Gross profit

 

 

262,233

 

 

 

217,186

 

 

 

296,390

 

 

 

276,114

 

 

 

1,051,923

 

Operating income

 

 

32,707

 

 

 

7,245

 

 

 

39,152

 

 

 

32,991

 

 

 

112,095

 

Net income

 

 

25,418

 

 

 

4,280

 

 

 

28,054

 

 

 

24,093

 

 

 

81,845

 

Net income per share – diluted

 

$

0.80

 

 

$

0.14

 

 

$

0.94

 

 

$

0.82

 

 

$

2.70

 

 

 

 

Quarter

 

 

 

 

 

 

 

1st

 

 

2nd

 

 

3rd

 

 

4th

 

 

2018

 

Net sales

 

$

388,633

 

 

$

316,338

 

 

$

414,779

 

 

$

411,825

 

 

$

1,531,575

 

Gross profit

 

 

237,477

 

 

 

188,888

 

 

 

250,517

 

 

 

251,079

 

 

 

927,961

 

Operating income

 

 

26,901

 

 

 

2,086

 

 

 

25,321

 

 

 

38,120

 

 

 

92,428

 

Net income

 

 

20,548

 

 

 

3,744

 

 

 

18,257

 

 

 

26,990

 

 

 

69,539

 

Net income per share – diluted

 

$

0.52

 

 

$

0.10

 

 

$

0.52

 

 

$

0.81

 

 

$

1.92