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

Annual report pursuant to Section 13 and 15(d)

Quarterly Results (Unaudited)

Quarterly Results (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Results [Abstract]

Quarterly Results

Note 14 Quarterly Results (Unaudited)

The following is a summary of continuing quarterly operations for 2011 and 2010:

(Amounts in thousands except for per share data)	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2011
Net sales	$	42,742	$	41,399	$	46,193	$	40,241
Gross profit		7,098		5,579		3,630		4,783
Net income		2,500		1,709		571		1,017
Per common share
Basic		0.40		0.27		0.09		0.16
Diluted		0.39		0.27		0.09		0.16

2010
Net sales	$	35,201	$	36,349	$	41,932	$	37,639
Gross profit		2,750		4,210		4,620		4,336
Net income		82		1,078		1,412		1,462
Per common share
Basic		0.01		0.17		0.22		0.23
Diluted		0.01		0.17		0.22		0.23

- 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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