Quarterly Financial Data

12 Months Ended

Dec. 31, 2016

Note 18—Quarterly Financial Data (Unaudited)

The following table sets forth certain unaudited quarterly information with respect to the Company’s results of operations for the years 2016, 2015 and 2014. Earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share may not equal the total earnings per share amounts for the fiscal year.

				2016 Quarter
(in thousands, except per share data)				1st		2nd		3rd		4th
	Sales		$	549,225	$	579,342	$	574,341	$	607,507
	Gross profit			50,317		52,854		52,822		57,470
	Net income			11,052		12,685		21,742		18,568
	Earnings per common share:
		Basic		0.22		0.26		0.44		0.38
		Diluted		0.22		0.26		0.44		0.37

				2015 Quarter
(in thousands, except per share data)				1st		2nd		3rd		4th
	Sales		$	620,925	$	664,038	$	630,191	$	625,719
	Gross profit			51,785		55,997		54,563		56,909
	Net income			14,205		21,210		20,565		39,421
	Earnings per common share:
		Basic		0.27		0.41		0.40		0.78
		Diluted		0.27		0.40		0.40		0.77

				2014 Quarter
(in thousands, except per share data)				1st		2nd		3rd		4th
	Sales		$	639,344	$	716,868	$	731,302	$	709,547
	Gross profit			51,153		57,757		55,299		56,107
	Net income			19,439		21,558		16,906		23,338
	Earnings per common share:
		Basic		0.36		0.40		0.32		0.44
		Diluted		0.36		0.40		0.31		0.44