The following is a summary of quarterly results of operations:


							Quarter ended
2015		December 31		September 30		June 30		March 31
Net sales	$	154,641	$	162,057	$	165,289	$	162,825
Gross profit		42,239		45,145		45,946		43,648
Operating income		8,327		8,947		7,415		3,126
Income tax expense (benefit) from continuing operations		(345)		32		(381)		147
Income from continuing operations		4,935		7,411		6,328		2,103
Income (loss) from discontinued operations (D)		16		(113)		55		(168)
Net income		4,951		7,298		6,383		1,935
Net loss attributable to noncontrolling interests		(1,133)		(69)		(596)		(409)
Net income attributable to Stoneridge, Inc.	$	6,084	$	7,367	$	6,979	$	2,344
Earnings per share from continuing operations
attributable to Stoneridge, Inc.:
Basic (A)	$	0.22	$	0.27	$	0.26	$	0.10
Diluted (A)	$	0.22	$	0.27	$	0.25	$	0.09
Earnings (loss) per share attributable to discontinued
operations:
Basic (A)	$	0.00	$	(0.01)	$	0.00	$	(0.01)
Diluted (A)	$	0.00	$	(0.01)	$	0.00	$	(0.01)
Earnings per share attributable to Stoneridge, Inc.:
Basic (A)	$	0.22	$	0.26	$	0.26	$	0.09
Diluted (A)	$	0.22	$	0.26	$	0.25	$	0.08

							Quarter ended
2014		December 31		September 30		June 30		March 31
Net sales	$	166,811	$	170,338	$	162,099	$	161,331
Gross profit		44,901		49,550		48,285		48,138
Operating income (loss) (B)		(22,795)		13,759		(23,221)		6,434
Income tax expense (benefit) from continuing operations		(1,066)		(1,174)		90		294
Income (loss) from continuing operations (C)		(31,306)		9,138		(28,569)		(467)
Income (loss) from discontinued operations (D)		(1,692)		(8,108)		(544)		957
Net income (loss) (B) (C)		(32,998)		1,030		(29,113)		490
Net income (loss) attributable to noncontrolling interests (B)		(6,444)		1,160		(7,221)		(978)
Net income (loss) attributable to Stoneridge, Inc. (B) (C)	$	(26,554)	$	(130)	$	(21,892)	$	1,468
Earnings (loss) per share from continuing operations
attributable to Stoneridge, Inc.:
Basic (A)	$	(0.92)	$	0.30	$	(0.79)	$	0.02
Diluted (A)	$	(0.92)	$	0.29	$	(0.79)	$	0.02
Earnings (loss) per share attributable to discontinued
operations:
Basic (A)	$	(0.07)	$	(0.30)	$	(0.02)	$	0.03
Diluted (A)	$	(0.07)	$	(0.29)	$	(0.02)	$	0.03
Earnings (loss) per share attributable to Stoneridge, Inc.:
Basic (A)	$	(0.99)	$	0.00	$	(0.81)	$	0.05
Diluted (A)	$	(0.99)	$	0.00	$	(0.81)	$	0.05

(A)

Earnings per share for the year may not equal the sum of the four historical quarters earnings per share due to changes in weighted-average basic and diluted shares outstanding.

(B)

Goodwill impairment charge (benefit) of $29,300, $(5,802), and $27,960 related to the PST segment was recorded for the quarters ended June 30, 2014, September 30, 2014 and December 31, 2014, respectively, of which $6,436, $(1,274) and $6,142, respectively, was attributable to noncontrolling interest.

(C)

In addition to the PST goodwill impairment amounts in item (B) herein, a loss on early extinguishment of debt of $920 and $9,687 was recorded for the quarters ended September 30, 2014 and December 31, 2014, respectively.

(D)

A gain (loss) on disposal of the Wiring business was recorded for $(168), $55, $(113) and $16 for the quarters ended March 31, 2015, June 30, 2015, September 30, 2015 and December 31, 2015, respectively. In addition, a loss on disposal of the Wiring business was recorded for $1,138, $6,548 and $890 for the quarters ended June 30, 2014, September 30, 2014 and December 31, 2014, respectively.