XML 60 R46.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information
The following is a summary of the unaudited quarterly results of operations for fiscal years 2018, 2017 and 2016 (dollars in thousands, except per share amounts):
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2018
 
 
 
 
 
 
 
 
Net sales
 
$
491,319

 
$
612,690

 
$
553,073

 
$
610,196

Gross profit
 
$
64,119

 
$
85,315

 
$
65,162

 
$
69,056

Net income
 
$
21,272

 
$
31,902

 
$
4,664

 
$
11,584

Basic net income per share(1)
 
$
0.37

 
$
0.55

 
$
0.08

 
$
0.21

Diluted net income per share(1)
 
$
0.35

 
$
0.54

 
$
0.08

 
$
0.21

2017
 
 
 
 
 
 
 
 
Net sales
 
$
362,716

 
$
435,903

 
$
425,098

 
$
543,444

Gross profit
 
$
59,357

 
$
67,679

 
$
60,963

 
$
72,876

Net income
 
$
20,173

 
$
22,945

 
$
18,947

 
$
49,357

Basic net income per share(1)
 
$
0.34

 
$
0.38

 
$
0.32

 
$
0.84

Diluted net income per share(1)
 
$
0.32

 
$
0.36

 
$
0.30

 
$
0.80

2016
 
 
 
 
 
 
 
 
Net sales
 
$
447,676

 
$
471,439

 
$
464,272

 
$
462,057

Gross profit
 
$
79,526

 
$
91,064

 
$
83,459

 
$
71,485

Net income
 
$
27,523

 
$
35,532

 
$
33,378

 
$
23,000

Basic net income per share(1)
 
$
0.42

 
$
0.55

 
$
0.52

 
$
0.37

Diluted net income per share(1)
 
$
0.42

 
$
0.53

 
$
0.51

 
$
0.36

—————————
(1) 
Basic and diluted net income per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly net income per share may differ from annual net income per share due to rounding.