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Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)

Note P - Quarterly Financial Information (unaudited)

The following table summarizes the Company’s results of operations for each of the quarters in 2016 and 2015:

 

 

 

Quarter ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

78,682

 

 

$

83,220

 

 

$

88,299

 

 

$

86,433

 

Gross profit

 

 

24,289

 

 

 

26,806

 

 

 

28,855

 

 

 

29,464

 

Income before income taxes

 

 

3,656

 

 

 

3,773

 

 

 

6,534

 

 

 

6,990

 

Net income

 

 

2,658

 

 

 

2,755

 

 

 

4,742

 

 

 

5,100

 

Net income, basic

 

$

0.51

 

 

$

0.53

 

 

$

0.92

 

 

$

1.00

 

Net income, diluted

 

$

0.51

 

 

$

0.53

 

 

$

0.92

 

 

$

0.99

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

85,790

 

 

$

87,869

 

 

$

89,046

 

 

$

91,961

 

Gross profit

 

 

24,760

 

 

 

26,444

 

 

 

26,159

 

 

 

26,089

 

Income (loss) before income taxes

 

 

(59

)

 

 

4,466

 

 

 

2,141

 

 

 

5,158

 

Net (loss) income

 

 

(256

)

 

 

3,680

 

 

 

206

 

 

 

3,045

 

Net income (loss), basic

 

 

(0.05

)

 

 

0.68

 

 

 

0.04

 

 

 

0.58

 

Net income (loss), diluted

 

$

(0.05

)

 

$

0.68

 

 

$

0.04

 

 

$

0.58