Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2018

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, 2018 and 2017 (in thousands, except per share data):

	2018 Quarter Ended
	March 31		June 30		September 30		December 31
Net sales	$	199,442	$	198,775	$	210,547	$	208,968
Gross profit		108,907		107,797		115,372		114,466
Income before taxes		8,457		8,410		11,204		12,338
Net income		6,313		6,214		8,352		9,429
Basic net earnings per share:
Common		0.30		0.30		0.40		0.46
Class A Common		0.28		0.28		0.38		0.44
Diluted net earnings per share:
Common		0.29		0.29		0.39		0.45
Class A Common		0.28		0.28		0.38		0.45

	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
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 of 2017 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.

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.