SUPPLEMENTAL FINANCIAL INFORMATION

(in thousands, except per share data)

(unaudited)

2019	1st quarter		2nd quarter		3rd quarter		4th quarter			Year

Net sales	$	445,919	$	429,151	$	384,230	$	319,740		$	1,579,040
Operating income (a)		6,074		5,940		3,581		1,015			16,610
Income (loss) before income taxes		2,846		2,707		1,024		(1,288	)		5,289
Net income (loss)	$	2,074	$	2,081	$	591	$	(890	)	$	3,856
Basic net income (loss) per share	$	0.18	$	0.18	$	0.05	$	(0.08	)	$	0.34
Weighted average shares outstanding - basic		11,488		11,415		11,420		11,416			11,509
Diluted net income (loss) per share	$	0.18	$	0.18	$	0.05	$	(0.08	)	$	0.34
Weighted average shares outstanding - diluted		11,488		11,415		11,420		11,416			11,509

Market price of common stock: (b)
High	$	20.24	$	18.24	$	16.28	$	18.41		$	20.24
Low		14.00		12.09		9.99		13.53			9.99

2018	1st quarter		2nd quarter		3rd quarter		4th quarter			Year

Net sales	$	375,598	$	452,917	$	456,976	$	429,590		$	1,715,081
Operating income (c)		12,345		24,319		18,614		1,774			57,052
Income (loss) before income taxes		10,313		21,556		15,708		(1,512	)		46,065
Net income (loss)	$	7,629	$	15,848	$	11,599	$	(1,316	)	$	33,759
Basic net income (loss) per share	$	0.67	$	1.39	$	1.01	$	(0.11	)	$	2.95
Weighted average shares outstanding - basic		11,418		11,435		11,444		11,444			11,432
Diluted net income (loss) per share	$	0.67	$	1.39	$	1.01	$	(0.11	)	$	2.95
Weighted average shares outstanding - diluted		11,418		11,435		11,446		11,444			11,440

Market price of common stock: (b)
High	$	25.84	$	24.27	$	24.23	$	21.41		$	25.84
Low		19.75		19.75		19.92		13.72			13.72

(a) Operating income (loss) in

2019

includes

$3,669

of LIFO income related to the Company's tubular and pipe products segment.

(b) Represents the high and low sales prices of our common stock as reported by the Nasdaq Global Select Market.

2018

includes

$8,408

of LIFO expense related to the Company's tubular and pipe products segment.