| Quarterly Financial Data |
15. QUARTERLY FINANCIAL DATA (UNAUDITED)
The following tables set forth our quarterly results for each quarter of the years ending December 31, 2019 and 2018, in thousands, except per share amounts:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2019 |
|
|
Q1 |
|
Q2 |
|
Q3 |
|
Q4 |
|
Total Year (a) |
Net sales |
|
$ |
619,330 |
|
$ |
660,112 |
|
$ |
682,330 |
|
$ |
662,349 |
|
$ |
2,624,121 |
Gross profit |
|
|
155,695 |
|
|
174,922 |
|
|
179,331 |
|
|
171,319 |
|
|
681,267 |
Operating profit |
|
|
56,618 |
|
|
76,039 |
|
|
80,445 |
|
|
76,421 |
|
|
289,523 |
Net income |
|
|
37,983 |
|
|
52,051 |
|
|
54,976 |
|
|
45,985 |
|
|
190,995 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic net income per common share |
|
$ |
1.11 |
|
$ |
1.53 |
|
$ |
1.63 |
|
$ |
1.38 |
|
$ |
5.65 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted net income per common share |
|
$ |
1.09 |
|
$ |
1.51 |
|
$ |
1.60 |
|
$ |
1.36 |
|
$ |
5.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2018 |
|
|
Q1 |
|
Q2 |
|
Q3 |
|
Q4 |
|
Total Year (a) |
Net sales |
|
$ |
491,444 |
|
$ |
605,969 |
|
$ |
647,289 |
|
$ |
639,547 |
|
$ |
2,384,249 |
Gross profit |
|
|
111,018 |
|
|
145,041 |
|
|
161,865 |
|
|
158,226 |
|
|
576,152 |
Operating profit |
|
|
33,893 |
|
|
43,681 |
|
|
66,217 |
|
|
65,161 |
|
|
208,953 |
Net income |
|
|
26,388 |
|
|
27,153 |
|
|
42,658 |
|
|
38,553 |
|
|
134,752 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic net income per common share |
|
$ |
0.75 |
|
$ |
0.77 |
|
$ |
1.22 |
|
$ |
1.12 |
|
$ |
3.86 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted net income per common share |
|
$ |
0.74 |
|
$ |
0.76 |
|
$ |
1.19 |
|
$ |
1.10 |
|
$ |
3.78 |
| (a) |
Due to rounding, the sum of quarterly results may not equal the total for the year. Additionally, quarterly and year-to-date computations of per share amounts are made independently. |
|