Ascent Industries Co. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Quarterly Results

Quarterly Results

12 Months Ended

Dec. 28, 2013

Quarterly Financial Information Disclosure [Abstract]

The following is a summary of quarterly operations for 2013 and 2012:



(Amounts in thousands except for per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2013
Net sales	$	57,836	$	56,273	$	54,397	$	52,244
Gross profit (loss)	6,905		7,129		5,503		(335		)
Net income (loss)	1,465		1,913		1,461		(3,078		)
Per common share
Basic	0.23		0.30		0.23		(0.36		)
Diluted	0.23		0.30		0.23		(0.36		)

2012
Net sales	$	47,372	$	46,878	$	50,271	$	53,138
Gross profit	5,091		5,261		5,683		5,893
Net income	1,337		1,090		843		965
Per common share
Basic	0.21		0.17		0.13		0.15
Diluted	0.21		0.17		0.13		0.15

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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