SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2017

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Note 16, Selected Quarterly Financial Data (Unaudited):

The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2017 and 2016 (in thousands, except per share data):

	2017 Quarter Ended
	March 31		June 30		September 30		December 31
Net sales	$	200,427	$	196,829	$	207,647	$	214,962
Gross profit		109,596		107,119		112,015		116,193
Credit service charges		45		42		38		35
Income before taxes		9,740		9,694		9,719		14,070
Net income		5,986		6,185		5,983		2,921
Basic net earnings per share:
Common		0.28		0.29		0.28		0.14
Class A Common		0.27		0.28		0.27		0.13
Diluted net earnings per share:
Common		0.28		0.29		0.28		0.13
Class A Common		0.27		0.27		0.27		0.13

The fourth quarter includes $1.9 million of other income primarily from gains on insurance recoveries of $1.3 million. The fourth quarter also includes additional income tax expense of $5.9 million due to the Tax Act.

	2016 Quarter Ended
	March 31		June 30		September 30		December 31
Net sales	$	194,511	$	194,774	$	211,690	$	220,595
Gross profit		104,419		104,160		113,737		121,020
Credit service charges		65		54		54		56
Income before taxes		7,587		8,762		12,125		17,347
Net income		4,669		5,374		7,336		10,947
Basic net earnings per share:
Common		0.21		0.25		0.35		0.52
Class A Common		0.20		0.24		0.33		0.50
Diluted net earnings per share:
Common		0.21		0.24		0.34		0.51
Class A Common		0.20		0.23		0.33		0.51

Because of rounding the amounts will not necessarily add to the totals computed for the year. Also because of rounding and the use of the two class method in calculating per share data, the quarterly per share data will not necessarily add to the annual totals.