Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

Note 17—Quarterly Financial Data (Unaudited)

The following table sets forth certain unaudited quarterly information with respect to the Company's results of operations for the years 2011, 2010 and 2009. Earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share may not equal the total earnings per share amounts for the fiscal year.


	2011 Quarter
(in thousands, except per share data)	1st		2nd		3rd		4th

Sales	$	538,312	$	585,549	$	570,083	$	559,086
Gross profit		37,624		37,751		34,635		28,825
Net income		14,513		14,701		19,867		2,878
Earnings per common share:
Basic		0.24		0.24		0.34		0.05
Diluted		0.24		0.24		0.34		0.05


	2010 Quarter
(in thousands, except per share data)	1st		2nd		3rd		4th

Sales	$	571,905	$	589,449	$	613,864	$	626,925
Gross profit		45,237		46,254		47,192		48,732
Net income		18,142		20,137		22,469		19,010
Earnings per common share:
Basic		0.29		0.32		0.36		0.31
Diluted		0.28		0.32		0.36		0.31


	2009 Quarter
(in thousands, except per share data)	1st		2nd		3rd		4th

Sales	$	496,767	$	481,802	$	510,461	$	600,223
Gross profit		31,636		34,500		36,534		43,395
Net income		9,238		11,501		16,137		16,505
Earnings per common share:
Basic		0.14		0.18		0.25		0.26
Diluted		0.14		0.18		0.25		0.25

- 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+ Details