Supplemental Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2019

Supplemental Quarterly Financial Data

Schedule of quarterly financial data

The following tables present unaudited quarterly results for each of the eight quarters in the periods ended December 31, 2019 and 2018, in thousands. We believe that all necessary adjustments have been included in the amounts stated below to present fairly such quarterly information. Due to the volatility of the industries in which our customers operate, the operating results for any quarter are not necessarily indicative of results for any subsequent period.

	Quarter Ended
	December 31,		September 30,		June 30,		March 31,
	2019		2019		2019		2019
Sales, net	$	338,268	$	175,127	$	134,810	$	140,743
Gross Profit	$	112,295	$	73,491	$	64,126	$	65,740
Restructuring Expense	$	1,418	$	152	$	1,795	$	1,673
Operating income	$	22,202	$	9,390	$	11,005	$	11,791
Income from continuing operations, net of income taxes	$	10,479	$	7,256	$	23,373	$	15,387
Loss (income) from discontinued operations, net of income taxes	$	(210)	$	375	$	8,324	$	(9)
Net Income	$	10,269	$	7,631	$	31,697	$	15,378
Income from continuing operations attributable to noncontrolling interest	$	5	$	10	$	11	$	8
Net income attributable to Advanced Energy Industries, Inc.	$	10,264	$	7,621	$	31,686	$	15,370
Earnings (Loss) Per Share:
Continuing Operations:
Basic earnings per share	$	0.27	$	0.19	$	0.61	$	0.40
Diluted earnings per share	$	0.27	$	0.19	$	0.61	$	0.40
Discontinued Operations:
Basic loss per share	$	(0.01)	$	0.01	$	0.22	$	—
Diluted loss per share	$	(0.01)	$	0.01	$	0.22	$	—
Net Income:
Basic earnings per share	$	0.27	$	0.20	$	0.83	$	0.40
Diluted earnings per share	$	0.27	$	0.20	$	0.82	$	0.40

	Quarter Ended
	December 31,		September 30,		June 30,		March 31,
	2018		2018		2018		2018
Sales, net	$	154,161	$	173,082	$	196,032	$	195,617
Gross Profit	$	75,188	$	85,539	$	101,235	$	103,645
Restructuring Expense	$	3,836	$	403	$	—	$	—
Operating income	$	19,570	$	39,862	$	56,018	$	56,103
Income from continuing operations, net of income taxes	$	19,222	$	35,157	$	46,400	$	46,370
Income (loss) from discontinued operations, net of income taxes	$	188	$	(371)	$	5	$	140
Net Income	$	19,410	$	34,786	$	46,405	$	46,510
Income from continuing operations attributable to noncontrolling interest	$	4	$	7	$	44	$	31
Net income attributable to Advanced Energy Industries, Inc.	$	19,406	$	34,779	$	46,361	$	46,479
Earnings (Loss) Per Share:	$
Continuing Operations:
Basic earnings per share	$	0.50	$	0.90	$	1.18	$	1.17
Diluted earnings per share	$	0.50	$	0.90	$	1.17	$	1.16
Discontinued Operations:
Basic loss per share	$	—	$	(0.01)	$	—	$	—
Diluted loss per share	$	—	$	(0.01)	$	—	$	—
Net Income:
Basic earnings per share	$	0.51	$	0.89	$	1.18	$	1.17
Diluted earnings per share	$	0.50	$	0.89	$	1.17	$	1.16