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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) | 12 Months Ended
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Dec. 31, 2013
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract] |
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) | 19. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) Quarterly results (unaudited) for the years ended December 31, 2013 and 2012 are summarized as follows (in thousands, except per share data):
|  |  |  |  |  |  |  |  |  |  |  |  |  | Total Year |
|  | Quarter Ended |  |  | Ended |
|  | March 31, |  |  | June 30, |  |  | September 30, |  |  | December 31, |  |  | December 31, |
|  | 2013 |  |  | 2013 (c) |  |  | 2013 (c) |  |  | 2013 |  |  | 2013 (a) |
Net sales |  | $ | 63,028 |  |  | $ | 93,981 |  |  | $ | 101,164 |  |  | $ | 91,016 |  |  | $ | 349,189 |
Cost of sales |  |  | 53,932 |  |  |  | 78,724 |  |  |  | 81,136 |  |  |  | 73,160 |  |  |  | 286,952 |
Net (loss) earnings |  |  | (558 | ) |  |  | 1,689 |  |  |  | 7,380 |  |  |  | 7,397 |  |  |  | 15,908 |
(Loss) earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A common share - basic and diluted |  | $ | (0.05 | ) |  | $ | 0.14 |  |  | $ | 0.62 |  |  | $ | 0.61 |  |  | $ | 1.32 |
Class B common share - basic and diluted |  | $ | (0.05 | ) |  | $ | 0.15 |  |  | $ | 0.65 |  |  | $ | 0.65 |  |  | $ | 1.41 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total Year |
|  | Quarter Ended |  |  | Ended |
|  | March 31, |  |  | June 30, |  |  | September 30, |  |  | December 31, |  |  | December 31, |
|  | 2012 |  |  | 2012 |  |  | 2012 |  |  | 2012 (b) |  |  | 2012 (a) |
Net sales |  | $ | 65,561 |  |  | $ | 73,222 |  |  | $ | 76,059 |  |  | $ | 71,752 |  |  | $ | 286,594 |
Cost of sales |  |  | 55,136 |  |  |  | 61,081 |  |  |  | 63,472 |  |  |  | 60,426 |  |  |  | 240,115 |
Net earnings (loss) |  |  | 872 |  |  |  | 1,441 |  |  |  | 2,492 |  |  |  | (2,432 | ) |  |  | 2,373 |
Earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A common share - basic and diluted |  | $ | 0.07 |  |  | $ | 0.11 |  |  | $ | 0.20 |  |  | $ | (0.21 | ) |  | $ | 0.17 |
Class B common share - basic and diluted |  | $ | 0.08 |  |  | $ | 0.12 |  |  | $ | 0.21 |  |  | $ | (0.21 | ) |  | $ | 0.21 |
(a) | Quarterly amounts of earnings per share may not agree to the total for the year due to rounding.
(b) | The net loss for the quarter ended December 31, 2012 includes $3.1 million of restructuring charges primarily related to severance charges and the writedown of assets associated with the closure of the Company’s Vinita, Oklahoma manufacturing facility.
(c) | The net earnings for the quarters ended June 30, 2013 and September 30, 2013 have been restated to include the effects of measurement period adjustments related to the acquisitions of TRP and Array. These measurement period adjustments reduced the previously-reported net earnings by $0.7 million and $0.5 million for the quarters ended June 30, 2013 and September 30, 2013, respectively, and primarily related to the step-up of inventory to fair value, and higher depreciation and amortization expense related to the appraised fair values of property, plant and equipment, and the various intangible assets as further described in Note 2.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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