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Quarterly Financial Data
12 Months Ended
Dec. 31, 2020
Quarterly Financial Data [Abstract]  
Quarterly Financial Data

Note 20—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 2020, 2019 and 2018. 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.

 

 

 

2020 Quarter

 

(in thousands, except per share data)

 

1st

 

 

2nd

 

 

3rd

 

 

4th

 

Sales

 

$

514,964

 

 

$

490,966

 

 

$

525,951

 

 

$

521,250

 

Gross profit

 

 

43,361

 

 

 

34,672

 

 

 

46,354

 

 

 

50,661

 

Net income (loss)

 

 

3,852

 

 

 

(3,407

)

 

 

5,915

 

 

 

7,695

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.10

 

 

 

(0.09

)

 

 

0.16

 

 

 

0.21

 

Diluted

 

 

0.10

 

 

 

(0.09

)

 

 

0.16

 

 

 

0.21

 

 

 

 

2019 Quarter

 

(in thousands, except per share data)

 

1st

 

 

2nd

 

 

3rd

 

 

4th

 

Sales

 

$

602,820

 

 

$

601,602

 

 

$

555,229

 

 

$

508,444

 

Gross profit

 

 

50,037

 

 

 

49,223

 

 

 

48,955

 

 

 

37,313

 

Net income (loss)

 

 

13,773

 

 

 

9,447

 

 

 

7,136

 

 

 

(6,931

)

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.34

 

 

 

0.25

 

 

 

0.19

 

 

 

(0.19

)

Diluted

 

 

0.34

 

 

 

0.24

 

 

 

0.19

 

 

 

(0.19

)

 

 

 

2018 Quarter

 

(in thousands, except per share data)

 

1st

 

 

2nd

 

 

3rd

 

 

4th

 

Sales

 

$

608,136

 

 

$

660,591

 

 

$

640,688

 

 

$

657,050

 

Gross profit

 

 

54,200

 

 

 

50,548

 

 

 

48,995

 

 

 

52,093

 

Net income (loss)

 

 

(23,641

)

 

 

10,943

 

 

 

7,799

 

 

 

27,716

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

(0.49

)

 

 

0.23

 

 

 

0.17

 

 

 

0.64

 

Diluted

 

 

(0.49

)

 

 

0.23

 

 

 

0.17

 

 

 

0.64