| Summary of continuing quarterly operations |
The following is a summary of quarterly operations for 2015 and 2014:
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(Amounts in thousands except for per share data) |
First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
2015 |
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Net sales from continuing operations |
$ |
51,648 |
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$ |
50,163 |
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$ |
38,083 |
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$ |
35,566 |
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Gross profit from continuing operations |
8,942 |
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8,416 |
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4,537 |
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3,424 |
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Net income (loss) from continuing operations(1)
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3,638 |
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2,455 |
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1,355 |
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(17,717 |
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Loss from discontinued operations, net of tax |
— |
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— |
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— |
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(1,251 |
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Net income (loss) |
3,638 |
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2,455 |
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1,355 |
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(18,968 |
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Per common share from continuing operations |
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Basic |
0.42 |
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0.28 |
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0.16 |
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(2.04 |
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Diluted |
0.42 |
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0.28 |
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0.16 |
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(2.04 |
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Per common share from discontinued operations |
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Basic |
— |
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— |
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— |
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(0.14 |
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Diluted |
— |
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— |
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— |
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(0.14 |
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2014 |
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Net sales from continuing operations |
$ |
49,796 |
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$ |
52,688 |
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$ |
48,452 |
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$ |
48,569 |
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Gross profit from continuing operations |
7,603 |
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8,952 |
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8,127 |
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8,247 |
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Net income from continuing operations |
2,250 |
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5,783 |
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3,177 |
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1,409 |
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(Loss) income from discontinued operations, net of tax |
(473 |
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(5,383 |
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(1,899 |
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598 |
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Net income |
1,776 |
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400 |
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1,279 |
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2,007 |
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Per common share from continuing operations |
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Basic |
0.26 |
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0.66 |
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0.36 |
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0.16 |
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Diluted |
0.26 |
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0.66 |
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0.36 |
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0.16 |
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Per common share from discontinued operations |
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Basic |
(0.05 |
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(0.62 |
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(0.22 |
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0.07 |
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Diluted |
(0.05 |
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(0.62 |
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(0.22 |
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0.07 |
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