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Unaudited Quarterly Financial Data | 12 Months Ended
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Dec. 31, 2017
Unaudited Quarterly Financial Data [Abstract] |
Unaudited Quarterly Financial Data | ﻿ ﻿ 14. Unaudited Quarterly Financial Data ﻿ The following is a summary of quarterly results of operations: ﻿
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  | Quarter ended
﻿2017 |  | December 31 |  | September 30 |  | June 30 |  | March 31
﻿Net sales | $ | 207,440 | $ | 203,582 | $ | 209,111 | $ | 204,311
﻿Gross profit |  | 61,026 |  | 62,549 |  | 63,414 |  | 61,151
﻿Operating income |  | 13,234 |  | 13,296 |  | 15,676 |  | 15,164
﻿Income tax (benefit) expense (B) |  | (6,036) |  | 3,809 |  | 5,189 |  | 4,571
﻿Net income |  | 18,908 |  | 8,049 |  | 8,919 |  | 9,173
﻿Net loss attributable to noncontrolling interests |  | - |  | - |  | (100) |  | (30)
﻿Net income attributable to Stoneridge, Inc. |  | 18,908 |  | 8,049 |  | 9,019 |  | 9,203
﻿Earnings per share attributable to Stoneridge, Inc.: |  |  |  |  |  |  |  |
﻿Basic (A) | $ | 0.67 | $ | 0.29 | $ | 0.32 | $ | 0.33
﻿Diluted (A) | $ | 0.65 | $ | 0.28 | $ | 0.32 | $ | 0.32
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  | Quarter ended
﻿2016 |  | December 31 |  | September 30 |  | June 30 |  | March 31
﻿Net sales | $ | 172,612 | $ | 173,846 | $ | 186,903 | $ | 162,616
﻿Gross profit |  | 47,779 |  | 49,748 |  | 52,751 |  | 45,161
﻿Operating income |  | 10,170 |  | 11,780 |  | 13,626 |  | 8,506
﻿Income tax (benefit) expense (C) |  | (39,503) |  | 919 |  | 1,350 |  | 845
﻿Net income |  | 48,489 |  | 9,981 |  | 10,995 |  | 6,109
﻿Net income (loss) attributable to noncontrolling interests |  | 122 |  | (303) |  | (576) |  | (1,130)
﻿Net income attributable to Stoneridge, Inc. |  | 48,367 |  | 10,284 |  | 11,571 |  | 7,239
﻿Earnings per share attributable to Stoneridge, Inc.: |  |  |  |  |  |  |  |
﻿Basic (A) | $ | 1.74 | $ | 0.37 | $ | 0.42 | $ | 0.26
﻿Diluted (A) | $ | 1.70 | $ | 0.36 | $ | 0.41 | $ | 0.26
﻿
| (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) |  | The impact of the Tax Legislation was an increase in tax expense of $6.2 million due to the one-time deemed repatriation tax, offset by the favorable impacts of the reduced tax rate on the Company’s net deferred tax liabilities and other deferred tax adjustments of $(15.3) million related to certain earnings included in the one-time transition tax.
﻿
| (C) |  | The Company recorded the release of a valuation allowance associated with its U.S. federal, certain state and foreign deferred tax assets for the year ended December 31, 2016.
﻿

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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