Annual report pursuant to Section 13 and 15(d)

Supplementary Data - Quarterly Financial Data

v3.20.4
Supplementary Data - Quarterly Financial Data
 12 Months Ended
Dec. 31, 2020
Supplementary Data - Quarterly Financial Data [Abstract]  
Supplementary Data - Quarterly Financial Data SUPPLEMENTARY DATA – QUARTERLY FINANCIAL DATA (Unaudited)

The following table sets forth selected quarterly data for the years ended December 31, 2020 and 2019. The operating results are not indicative of results for any future period.

Year Ended December 31, 2020

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

(in thousands, except per share amounts)

Net sales

$

53,555

$

30,014

$

64,491

$

75,947

Gross profit

18,512

10,636

21,669

26,978

Operating income (loss)

892

(4,037)

1,555

5,524

Net income (loss)

36

(2,743)

1,183

7,069

Net income (loss) per share:

Basic

$

0.00

$

(0.09)

$

0.04

$

0.23

Diluted

0.00

(0.09)

0.04

0.22

Year Ended December 31, 2019

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

(in thousands, except per share amounts)

Net sales

$

61,218

$

46,994

$

60,203

$

61,022

Gross profit

22,056

15,992

20,557

21,686

Operating income (loss)

4,417

(1,241)

4,077

4,179

Net income (loss)

3,787

(694)

3,492

12,387

Net income (loss) per share:

Basic

$

0.13

$

(0.02)

$

0.12

$

0.42

Diluted

0.12

(0.02)

0.11

0.40

Basic and diluted net income (loss) per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly amounts may not equal the total computed for the year.