Annual report pursuant to Section 13 and 15(d)

Note 21 - Quarterly Financial Information (Unaudited)

v3.22.4
Note 21 - Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Quarterly Financial Information [Text Block]

21. Quarterly Financial Information (Unaudited)

 

   

2022

 
   

First

   

Second

   

Third

   

Fourth

 
                                 

Net sales

  $ 102,601     $ 187,561     $ 166,100     $ 159,806  

Gross profit

  $ 21,064     $ 51,233     $ 41,269     $ 37,890  

Income (loss) before taxes

  $ (4,925 )   $ 23,090     $ 16,175     $ 13,021  

Net income (loss)

  $ (3,908 )   $ 17,725     $ 13,280     $ 11,512  

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

  $ (0.18 )   $ 0.76     $ 0.57     $ 0.49  

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

  $ (0.18 )   $ 0.75     $ 0.56     $ 0.49  

Dividends per share

  $ 0.29     $ 0.29     $ 0.29     $ 0.29  

 

   

2021

 
   

First

   

Second

   

Third

   

Fourth

 
                                 

Net sales

  $ 103,342     $ 157,530     $ 127,636     $ 152,945  

Gross profit

  $ 26,252     $ 48,798     $ 30,635     $ 36,187  

Income before taxes

  $ 665     $ 14,919     $ 8,234     $ 10,770  

Net income

  $ 742     $ 14,103     $ 7,030     $ 8,816  

Basic net earnings per common share attributable to common shareholders

  $ 0.03     $ 0.60     $ 0.30     $ 0.38  

Earnings per common share assuming dilution attributable to common shareholders

  $ 0.03     $ 0.60     $ 0.30     $ 0.37  

Dividends per share

  $ 0.29     $ 0.29     $ 0.29     $ 0.29  

 

Due to the timing of issuance of shares, the sum of quarterly earnings per share may not equal the annual earnings per share.