NOTE 16—QUARTERLY DATA (unaudited)

The following table presents unaudited quarterly financial information for the years ended December 31, 2011 and 2010:


	2011 Quarter Ended
	March 26		June 25			September 24			December 31
Sales	$	31,011,000	$	32,564,000		$	33,479,000		$	43,075,000
Gross profit		11,246,000		11,004,000			11,751,000			15,907,000
Net income (loss)		379,000		(555,000	)		(278,000	)		34,709,000	(a)
Basic and diluted net income (loss) per share		0.02		(0.03	)		(0.02	)		2.03	(a)


	2010 Quarter Ended
	March 27			June 26			September 25			December 31
Sales	$	26,116,000		$	27,672,000		$	29,235,000		$	39,938,000
Gross profit		9,466,000			9,505,000			10,493,000			15,383,000
Net loss		(753,000	)		(356,000	)		(15,000	)		(57,113,000	)(b)
Basic loss per share		(0.04	)		(0.02	)		0.00			(3.34	)(b)
Diluted net loss per share		(0.04	)		(0.02	)		0.00			(3.34	)(b)

(a)

Includes a $30.1 million or $1.76 per diluted share pre-tax adjustment to the charge for the product liability suit, Barnhard v. Cybex International, Inc. relating to the settlement of the suit and a $1.9 million or $0.11 per diluted share, incremental tax provision, primarily due to the valuation allowance recorded against deferred tax assets as a result of the uncertainty of realization caused by the litigation charge.

(b)

Includes a $46.0 million or $2.69 per diluted share pre-tax charge to reserve for the unfavorable jury verdict in the product liability suit, Barnhard v. Cybex International, Inc., and a $12.7 million or $.74 per diluted share, incremental tax provision, primarily due to the valuation allowance recorded against deferred tax assets as a result of the uncertainty of realization caused by the litigation charge.