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CONSOLIDATED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Data [Abstract]  
CONSOLIDATED QUARTERLY FINANCIAL DATA (UNAUDITED) CONSOLIDATED QUARTERLY FINANCIAL DATA (UNAUDITED)
The following is a summary of the unaudited quarterly results of operations for fiscal years 2021, 2020, and 2019 (dollars in thousands, except per share amounts):
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
2021
Net sales$392,003 $449,422 $482,566 $479,277 
Gross profit$47,166 $55,608 $51,045 $42,648 
Net income (loss)$3,217 $12,252 $11,008 $(25,313)
Basic net income (loss) per share(1)
$0.06 $0.24 $0.22 $(0.51)
Diluted net income (loss) per share(1)
$0.06 $0.24 $0.22 $(0.51)
2020
Net sales$387,074 $339,153 $351,584 $404,078 
Gross profit$36,743 $34,321 $43,194 $45,496 
Net (loss) income$(106,647)$(146)$3,887 $5,494 
Basic net (loss) income per share(1)
$(2.01)$— $0.07 $0.10 
Diluted net (loss) income per share(1)
$(2.01)$— $0.07 $0.10 
2019
Net sales$533,174 $626,053 $580,908 $579,001 
Gross profit$68,690 $87,650 $77,735 $72,307 
Net income$14,780 $30,960 $25,460 $18,375 
Basic net income per share(1)
$0.27 $0.56 $0.47 $0.34 
Diluted net income per share(1)
$0.27 $0.56 $0.46 $0.34 
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(1)Basic and diluted net income (loss) per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly net income (loss) per share may differ from annual net income (loss) per share due to rounding.