| Quarterly Information (Unaudited) |
Note 10 – Quarterly Information (Unaudited)
The following quarterly information (in thousands, except per share data) includes all adjustments which management considers necessary for a fair presentation of such information. For interim quarterly financial statements, the provision for income taxes is estimated using the best available information for projected results for the entire year.
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Quarter Ended
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March 30,
2019
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June 29,
2019
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Sept. 28,
2019
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Dec. 28,
2019
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Consolidated Statement of Income Data:
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Net sales
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$
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74,739
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$
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73,687
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$
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69,273
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$
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62,958
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Gross profit
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20,129
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21,763
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21,143
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21,188
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Income (loss) from operations
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(3,446)
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(1,205)
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(1,458)
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(2,141)
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Income (loss) before income taxes
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(3,861)
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(1,643)
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(1,976)
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(2,631)
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Net income (loss)
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$
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(3,581)
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$
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(1,457)
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$
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(1,424)
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$
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(25,086)
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Basic income (loss) from continuing operations per share
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$
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(0.10)
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$
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(0.04)
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$
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(0.04)
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$
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(0.70)
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Diluted income (loss) from continuing operations per share
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$
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(0.10)
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$
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(0.04)
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$
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(0.04)
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$
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(0.70)
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Shares used in computation of basic income (loss) from continuing operations per share
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35,365
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35,632
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35,856
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36,013
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Shares used in computation of diluted income (loss) from continuing operations per share
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35,365
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35,632
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35,856
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36,013
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Quarter Ended
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March 31, 2018
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June 30, 2018
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Sept. 29, 2018
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Dec. 29, 2018
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Consolidated Statement of Income Data:
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Net sales
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$
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78,385
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$
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76,973
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$
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69,463
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$
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64,646
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Gross profit
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23,459
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21,485
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19,045
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16,566
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Income (loss) from operations
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1,609
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|
487
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(579)
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(4,689)
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Income (loss) before income taxes
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1,177
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59
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459
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(5,078)
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Net income (loss)
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$
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735
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$
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(485)
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$
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438
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$
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(4,480)
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Basic income (loss) from continuing operations per share
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$
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0.02
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$
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(0.02)
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$
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0.01
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$
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(0.13)
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Diluted income (loss) from continuing operations per share
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$
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0.02
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$
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(0.02)
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$
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0.01
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$
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(0.13)
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Shares used in computation of basic income (loss) from continuing operations per share
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34,821
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34,972
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34,983
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34,989
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Shares used in computation of diluted income (loss) from continuing operations per share
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38,066
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34,972
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35,201
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34,989
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