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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

Quarterly data for the years ended December 31, 2015 and 2014 consisted of the following (in thousands, except per share amounts):

 
Quarter Ended
 
March 31
 
June 30
 
September 30
 
December 31
2015
 

 
 

 
 

 
 

Net sales
$
129,577

 
$
138,082

 
$
136,086

 
$
138,404

Gross profit
55,383

 
60,886

 
59,205

 
60,307

Income from operations
8,704

 
12,242

 
8,547

 
8,050

Income tax expense
2,289

 
3,122

 
1,842

 
145

Net income
5,174

 
7,401

 
4,818

 
6,409

Basic earnings per common share
0.12

 
0.17

 
0.11

 
0.14

Diluted earnings per common share
0.12

 
0.17

 
0.11

 
0.14

 
 
 
 
 
 
 
 
2014
 

 
 

 
 

 
 

Net sales
$
119,236

 
$
128,865

 
$
128,808

 
$
132,780

Gross profit
52,043

 
55,624

 
57,421

 
60,134

Income from operations
6,489

 
7,384

 
12,076

 
14,217

Income tax expense
1,063

 
1,366

 
2,489

 
3,680

Net income
2,823

 
3,716

 
7,764

 
8,671

Basic earnings per common share
0.07

 
0.09

 
0.18

 
0.20

Diluted earnings per common share
0.07

 
0.09

 
0.18

 
0.20



Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly amounts may not equal the total computed for the year.