XML 57 R24.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Selected Quarterly Financial Data (unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Data (unaudited) | Selected Quarterly Financial Data (unaudited) Selected quarterly financial data for years ended December 31, 2019 and 2018 follows (in thousands, except per share data):
| Quarter Ended
| March 31, |  | June 30, |  | September 30, |  | December 31,
| 2019 |  | 2019 |  | 2019 |  | 2019
Net sales | $ | 115,810 |  |  | $ | 112,362 |  |  | $ | 130,837 |  |  | $ | 171,851 |
Gross margin | 68,917 |  |  | 65,560 |  |  | 80,169 |  |  | 92,640 |
Net income | 6,419 |  |  | 738 |  |  | 6,104 |  |  | (12,379 | )
Earnings (loss) per share (2): |  |  |  |  |  |  |
Basic | $ | 0.11 |  |  | $ | 0.01 |  |  | $ | 0.10 |  |  | $ | (0.21 | )
Diluted | $ | 0.11 |  |  | $ | 0.01 |  |  | $ | 0.10 |  |  | $ | (0.21 | )
| Quarter Ended
| March 31, |  | June 30, |  | September 30, |  | December 31,
| 2018 |  | 2018 |  | 2018 |  | 2018 (1)
Net sales | $ | 101,215 |  |  | $ | 99,226 |  |  | $ | 104,836 |  |  | $ | 114,791 |
Gross margin | 64,461 |  |  | 63,143 |  |  | 65,633 |  |  | 65,346 |
Net income | 12,926 |  |  | 8,485 |  |  | 5,711 |  |  | 2,083 |
Earnings per share (2): |  |  |  |  |  |  |
Basic | $ | 0.24 |  |  | $ | 0.15 |  |  | $ | 0.10 |  |  | $ | 0.04 |
Diluted | $ | 0.24 |  |  | $ | 0.15 |  |  | $ | 0.10 |  |  | $ | 0.03 |
(1) Results of operations for the three months ended December 31, 2018 included out of period adjustments related to prior quarterly periods in 2018 and 2017. The aggregate out of period adjustment was approximately $1.8 million, reflecting a $0.9 million decrease to net sales, a $1.3 million increase to sales, general and administrative expense, and a $0.4 million decrease to provision for income taxes. Based on our quantitative and qualitative analysis, we do not consider the out of period impact to be material to our financial position or results of operations for any prior periods or for the quarter or year ended December 31, 2018. (2) Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.

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