Quarterly Financial Information (Tables)

12 Months Ended

Dec. 31, 2021

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 profit	163,408		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 profit	165,307		114,970		147,591		166,895
Operating loss from continuing operations	(581)		(16,743)		(7,552)		(249,023)
Net income (loss) from continuing operations	37,455		(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.”