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Quarterly Financial Information
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Note 21. Quarterly Financial Information (Unaudited)
The tables below present the quarterly results for the years ended December 31, 2021 and 2020
(in thousands except for share data):
Year Ended December 31, 2021
First
Quarter (1)
Second
Quarter (1)
Third 
Quarter (1)
Fourth
Quarter
Net sales$247,603 $264,483 $253,215 $270,064 
Gross profit163,408 172,279 168,664 201,643 
Operating (loss) income from continuing operations(5,698)(36,262)16,422 24,754 
Net loss from continuing operations(30,761)(56,487)(43,443)(5,127)
Net loss(30,761)(56,487)(43,443)(5,127)
Diluted (loss) earnings per share:
Continuing operations$(0.63)$(1.15)$(0.84)$(0.10)
Discontinued operations— — — — 
$(0.63)$(1.15)$(0.84)$(0.10)
Year Ended December 31, 2020
First
Quarter (1)
Second
Quarter (1)
Third 
Quarter (1)
Fourth
Quarter (1)
Net sales$242,397 $182,206 $240,083 $269,555 
Gross profit165,307 114,970 147,591 166,895 
Operating loss from continuing operations(581)(16,743)(7,552)(249,023)
Net income (loss) from continuing operations37,455 (89,415)(14,814)(280,552)
Net loss from discontinued operations, net of tax(995)— — (498)
Net income (loss)36,460 (89,415)(14,814)(281,050)
Diluted earnings (loss) per share:
Continuing operations$0.77 $(1.84)$(0.30)$(5.77)
Discontinued operations(0.02)— — (0.01)
$0.75 $(1.84)$(0.30)$(5.78)
(1)This period’s quarterly financial information has been revised. For further details refer to “Note 1. Nature of Operations.”