Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

NOTE 18 – QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized unaudited quarterly financial results for 2019 and 2018 is as follows (in thousands, except per share data):


2019	Three months ended
	March 31		June 30		September 30		December 31		Total Year
Net revenue	$	342,135	$	371,814	$	396,449	$	401,231	$	1,511,629
Gross profit		89,438		107,257		118,087		120,038		434,820
Net income		8,834		18,919		21,212		19,194		68,159
Basic net income per share		0.30		0.64		0.71		0.64		2.29
Diluted net income per share		0.30		0.63		0.71		0.64		2.28

2018	Three months ended
	March 31		June 30		September 30		December 31		Total Year
Net revenue	$	301,728	$	332,584	$	348,999	$	353,121	$	1,336,432
Gross profit		79,976		95,643		97,334		98,638		371,591
Net income		6,394		16,315		15,563		16,476		54,748
Basic net income per share		0.20		0.52		0.50		0.54		1.76
Diluted net income per share		0.20		0.52		0.50		0.53		1.75

The financial information included in the table above is computed independently each quarter. As a result, the sum of each quarter’s numbers may not equal the total numbers for the respective year.