Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (Unaudited)

v3.8.0.1
Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information (unaudited)  
Quarterly Financial Information (Unaudited)

19. Quarterly Financial Information (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

 

Net sales

 

$

72,248

 

$

139,371

 

$

125,339

 

$

137,969

Gross profit

 

$

17,187

 

$

45,033

 

$

36,055

 

$

44,811

Income (loss) before taxes

 

$

(5,971)

 

$

22,354

 

$

15,081

 

$

21,451

Net income (loss)

 

$

(3,277)

 

$

14,746

 

$

9,327

 

$

34,528

Basic net earnings (loss) per common share attributable to common shareholders

 

$

(0.14)

 

$

0.64

 

$

0.41

 

$

1.51

Earnings (loss) per common share assuming dilution attributable to common shareholders

 

$

(0.14)

 

$

0.64

 

$

0.40

 

$

1.50

Dividends per share

 

$

0.24

 

$

0.24

 

$

0.24

 

$

0.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Results for the year ended December 31, 2016 include Dejana which was purchased on July 15, 2016. Additionally, the first quarter of 2016 includes the impact of litigation proceeds of $10,050.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

 

 

 

Net sales

 

$

48,789

 

$

113,763

 

$

123,573

 

$

130,143

 

Gross profit

 

$

14,131

 

$

41,521

 

$

36,644

 

$

41,678

 

Income before taxes

 

$

8,606

 

$

25,551

 

$

11,873

 

$

17,666

 

Net income

 

$

5,278

 

$

16,328

 

$

7,302

 

$

10,101

 

Basic net earnings per common share attributable to common shareholders

 

$

0.23

 

$

0.72

 

$

0.32

 

$

0.44

 

Earnings per common share assuming dilution attributable to common shareholders

 

$

0.23

 

$

0.71

 

$

0.32

 

$

0.44

 

Dividends per share

 

$

0.24

 

$

0.24

 

$

0.24

 

$

0.24

 

 

 

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.