| Quarterly Financial Information (Unaudited) |
21. Quarterly Financial Information (Unaudited)
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2020 |
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First |
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Second |
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Third |
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Fourth |
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Net sales |
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$ |
68,190 |
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$ |
120,043 |
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$ |
133,761 |
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$ |
158,160 |
Gross profit |
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$ |
11,690 |
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$ |
32,075 |
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$ |
36,728 |
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$ |
47,787 |
Income (loss) before taxes |
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$ |
(13,348) |
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$ |
(121,315) |
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$ |
12,464 |
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$ |
23,370 |
Net income (loss) |
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$ |
(10,086) |
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$ |
(103,859) |
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$ |
9,230 |
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$ |
18,162 |
Basic net earnings (loss) per common share attributable to common shareholders |
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$ |
(0.44) |
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$ |
(4.55) |
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$ |
0.40 |
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$ |
0.78 |
Earnings (loss) per common share assuming dilution attributable to common shareholders |
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$ |
(0.44) |
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$ |
(4.55) |
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$ |
0.39 |
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$ |
0.78 |
Dividends per share |
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$ |
0.28 |
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$ |
0.28 |
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$ |
0.28 |
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$ |
0.28 |
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2019 |
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First |
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Second |
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Third |
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Fourth |
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Net sales |
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$ |
93,187 |
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$ |
176,356 |
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$ |
141,869 |
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$ |
160,298 |
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Gross profit |
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$ |
22,946 |
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$ |
59,593 |
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$ |
39,939 |
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$ |
46,339 |
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Income (loss) before taxes |
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$ |
(760) |
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$ |
33,773 |
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$ |
15,542 |
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$ |
14,062 |
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Net income (loss) |
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$ |
(297) |
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$ |
25,474 |
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$ |
12,429 |
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$ |
11,560 |
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Basic net earnings (loss) per common share attributable to common shareholders |
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$ |
(0.01) |
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$ |
1.10 |
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$ |
0.54 |
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$ |
0.50 |
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Earnings (loss) per common share assuming dilution attributable to common shareholders |
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$ |
(0.01) |
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$ |
1.10 |
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$ |
0.53 |
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$ |
0.50 |
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Dividends per share |
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$ |
0.27 |
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$ |
0.27 |
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$ |
0.27 |
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$ |
0.27 |
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Due to changes in stock prices during the year and timing of issuance of shares, the sum of quarterly earnings per share may not equal the annual earnings per share.
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