| Summary of continuing quarterly operations |
The following is a summary of quarterly operations for 2016 and 2015:
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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 |
2016 |
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Net sales from continuing operations |
$ |
36,312 |
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$ |
34,907 |
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$ |
34,297 |
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$ |
33,050 |
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Gross profit from continuing operations |
4,718 |
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3,998 |
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4,504 |
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3,684 |
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Net loss from continuing operations |
(1,367 |
) |
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(1,584 |
) |
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(2,608 |
) |
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(1,435 |
) |
Loss from discontinued operations, net of tax |
— |
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(99 |
) |
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— |
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— |
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Net loss |
(1,367 |
) |
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(1,683 |
) |
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(2,608 |
) |
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(1,435 |
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Per common share from continuing operations |
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Basic |
(0.16 |
) |
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(0.18 |
) |
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(0.30 |
) |
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(0.17 |
) |
Diluted |
(0.16 |
) |
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(0.18 |
) |
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(0.30 |
) |
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(0.17 |
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Per common share from discontinued operations |
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Basic |
— |
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(0.01 |
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— |
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— |
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Diluted |
— |
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(0.01 |
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— |
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— |
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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 |
) |
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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