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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Aug. 31, 2020
Selected Quarterly Financial Data (Unaudited)  
Selected Quarterly Financial Data (Unaudited)

 

Note 23—Selected Quarterly Financial Data (Unaudited)

 

The following table presents unaudited operating results for each of the Company’s quarters in the years ended August 31, 2020 and 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2020 Quarters

 

    

    

First

    

Second

    

Third

    

Fourth

    

Year

 

Net Sales

 

$

65,757

 

$

64,626

 

$

64,157

 

$

63,202

 

$

257,742

 

Gross Profit on Sales

 

 

23,974

 

 

23,960

 

 

24,468

 

 

23,725

 

 

96,127

 

Net income

 

$

7,362

 

$

7,879

 

$

9,908

 

$

9,008

 

$

34,157

 

Net income available to common shareholders, per common and common equivalent share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.78

 

$

0.83

 

$

1.05

 

$

0.95

 

$

3.62

 

Diluted

 

$

0.77

 

$

0.83

 

$

1.04

 

$

0.95

 

$

3.59

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2019 Quarters

 

 

    

First

    

Second

    

Third

    

Fourth

    

Year

 

Net Sales

 

$

71,364

 

$

65,442

 

$

70,883

 

$

69,150

 

$

276,839

 

Gross Profit on Sales

 

 

24,789

 

 

22,229

 

 

24,477

 

 

25,181

 

 

96,676

 

Net income

 

$

8,823

 

$

5,273

 

$

8,541

 

$

10,074

 

$

32,711

 

Net income available to common shareholders, per common and common equivalent share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.94

 

$

0.56

 

$

0.91

 

$

1.07

 

$

3.48

 

Diluted

 

$

0.93

 

$

0.56

 

$

0.90

 

$

1.07

 

$

3.46