XML 37 R22.htm IDEA: XBRL DOCUMENT
v3.20.4

Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2020
Selected Quarterly Financial Data (Unaudited) [Abstract] |
Selected Quarterly Financial Data (Unaudited) | Note 14, Selected Quarterly Financial Data (Unaudited): The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2020 and 2019 (in thousands, except per share data):
|  | 2020 Quarter Ended |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Net sales |  | $ | 179,432 |  |  | $ | 109,968 |  |  | $ | 217,513 |  |  | $ | 241,339 |
Gross profit |  |  | 99,553 |  |  |  | 59,646 |  |  |  | 122,177 |  |  |  | 137,619 |
Income before taxes |  |  | 2,300 |  |  |  | 18,625 |  |  |  | 24,532 |  |  |  | 31,274 |
Net income |  |  | 1,819 |  |  |  | 13,640 |  |  |  | 18,261 |  |  |  | 25,428 |
Basic net earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common |  |  | 0.10 |  |  |  | 0.73 |  |  |  | 0.98 |  |  |  | 1.40 |
Class A Common |  |  | 0.09 |  |  |  | 0.69 |  |  |  | 0.94 |  |  |  | 1.33 |
Diluted net earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common |  |  | 0.09 |  |  |  | 0.72 |  |  |  | 0.97 |  |  |  | 1.37 |
Class A Common |  |  | 0.09 |  |  |  | 0.69 |  |  |  | 0.93 |  |  |  | 1.35 |
During the quarter ended December 31, 2020, we recognized the benefit of state income tax credits that reduced income tax expense by $1.2 million.
|  | 2019 Quarter Ended |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
Net sales |  | $ | 187,242 |  |  | $ | 191,893 |  |  | $ | 209,320 |  |  | $ | 213,837 |
Gross profit |  |  | 103,083 |  |  |  | 103,557 |  |  |  | 112,019 |  |  |  | 115,830 |
Income before taxes |  |  | 4,725 |  |  |  | 8,237 |  |  |  | 8,169 |  |  |  | 7,592 |
Net income |  |  | 3,621 |  |  |  | 6,046 |  |  |  | 6,097 |  |  |  | 6,100 |
Basic net earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common |  |  | 0.18 |  |  |  | 0.30 |  |  |  | 0.31 |  |  |  | 0.32 |
Class A Common |  |  | 0.17 |  |  |  | 0.28 |  |  |  | 0.30 |  |  |  | 0.30 |
Diluted net earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common |  |  | 0.17 |  |  |  | 0.29 |  |  |  | 0.31 |  |  |  | 0.31 |
Class A Common |  |  | 0.17 |  |  |  | 0.27 |  |  |  | 0.30 |  |  |  | 0.30 |
During the quarter ended December 31, 2019, an impairment loss of $2.4 million related to a retail store was recorded. We recognized a deferred tax benefit related to leases that reduced income tax expense by $0.4 million in the quarter ended December 31, 2019. 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.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration