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Summarized Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Operating Results

The following table presents unaudited quarterly operating results for each of the last eight fiscal quarters. This information has been prepared on a basis consistent with the audited financial statements and includes all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation of the data.

Unaudited Quarterly Operating Results

 

 

 

Three Months Ended

 

 

(In thousands, except for per share amounts)

 

March 31, 2020(2)

 

 

June 30, 2020

 

 

September 30, 2020

 

 

December 31, 2020

 

 

Total Sales

 

$

114,523

 

 

$

128,715

 

 

$

133,143

 

 

$

130,129

 

 

Gross Profit

 

$

51,600

 

 

$

53,472

 

 

$

58,962

 

 

$

53,517

 

 

Operating Income (Loss)

 

$

(4,944

)

 

$

(6,039

)

 

$

4,534

 

 

$

(3,324

)

 

Net Income (Loss)

 

$

(9,969

)

 

$

752

 

 

$

5,481

 

 

$

6,114

 

 

Earnings (loss) per common share - basic

 

$

(0.21

)

 

$

0.02

 

 

$

0.11

 

 

$

0.13

 

 

Earnings (loss) per common share - diluted

 

$

(0.21

)

 

$

0.02

 

(1)

$

0.11

 

(1)

$

0.13

 

(1)

 

 

 

Three Months Ended

 

 

(In thousands, except for per share amounts)

 

March 31, 2019

 

 

June 30, 2019(2)

 

 

September 30, 2019

 

 

December 31, 2019

 

 

Total Sales

 

$

143,791

 

 

$

156,391

 

 

$

114,092

 

 

$

115,787

 

 

Gross Profit

 

$

60,612

 

 

$

65,015

 

 

$

46,331

 

 

$

47,209

 

 

Operating Income (Loss)

 

$

(6,167

)

 

$

562

 

 

$

(20,288

)

 

$

(14,070

)

 

Net Income (Loss)

 

$

770

 

 

$

3,995

 

 

$

(46,123

)

 

$

(11,624

)

 

Earnings (loss) per common share - basic

 

$

0.02

 

 

$

0.08

 

 

$

(0.96

)

 

$

(0.25

)

 

Earnings (loss) per common share - diluted

 

$

0.02

 

(1)

$

0.08

 

(1)

$

(0.96

)

 

$

(0.25

)

 

 

 

(1)

Assumes exercise of dilutive securities calculated under the treasury stock method.

 

(2)

See footnote 1 for discussion on out of period disclosures impacting these quarterly operating results.