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Selected Quarterly Financial Data
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
SELECTED QUARTERLY FINANCIAL DATA
Tredegar Corporation and Subsidiaries
(In Thousands, Except Per-Share Amounts)
(Unaudited)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
For the year ended December 31, 2019
 
 
 
 
 
 
 
Sales
$
248,466

 
$
248,248

 
$
243,217

 
$
232,427

Gross profit
38,792

 
46,780

 
42,668

 
40,546

Net income (loss)
$
19,785

 
$
14,477

 
$
17,133

 
$
(3,135
)
Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.60

 
$
0.44

 
$
0.51

 
$
(0.09
)
Diluted
$
0.60

 
$
0.44

 
$
0.51

 
$
(0.09
)
Shares used to compute earnings (loss) per share:
 
 
 
 
 
 
 
Basic
33,123

 
33,270

 
33,271

 
33,278

Diluted
33,127

 
33,278

 
33,285

 
33,278

For the year ended December 31, 2018
 
 
 
 
 
 
 
Sales
$
258,711

 
$
263,759

 
$
267,294

 
$
275,707

Gross profit
46,732

 
44,652

 
40,478

 
47,826

Net income
$
18,165

 
$
14,722

 
$
(34,201
)
 
$
26,157

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.55

 
$
0.45

 
$
(1.03
)
 
$
0.79

Diluted
$
0.55

 
$
0.44

 
$
(1.03
)
 
$
0.79

Shares used to compute earnings per share:
 
 
 
 
 
 
 
Basic
32,982

 
33,074

 
33,110

 
33,103

Diluted
32,988

 
33,108

 
33,110

 
33,112



Due to rounding, the sum of quarterly amounts presented in the table above may not add up precisely to the corresponding full year amounts.