| SELECTED QUARTERLY FINANCIAL INFORMATION |
NOTE 16—SELECTED QUARTERLY FINANCIAL INFORMATION
The following table summarizes selected quarterly financial information for 2011 and 2010:
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Quarter Ended |
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(Unaudited) |
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(In thousands, except for per share
data)
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Dec. 31,
2011 |
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Oct. 1,
2011 |
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July 2,
2011 |
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April 2,
2011 |
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Dec. 31,
2010 |
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Oct. 2,
2010 |
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July 3,
2010 |
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April 3,
2010 |
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Sales
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$ |
61,156 |
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$ |
56,404 |
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$ |
55,475 |
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$ |
55,128 |
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$ |
51,823 |
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$ |
49,906 |
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$ |
47,089 |
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$ |
46,936 |
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Gross Profit (sales less cost of products sold)
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17,349 |
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14,255 |
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14,386 |
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14,506 |
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12,443 |
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12,893 |
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10,685 |
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11,546 |
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Impairment Loss
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2,500 |
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— |
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— |
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— |
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— |
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Income before Tax
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7,178 |
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7,505 |
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6,708 |
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7,624 |
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5,850 |
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6,573 |
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3,887 |
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5,519 |
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Net Income
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5,169 |
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6,665 |
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4,548 |
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5,209 |
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4,471 |
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4,647 |
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2,430 |
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3,400 |
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Basic Earnings per Share
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0.42 |
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0.55 |
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0.37 |
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0.43 |
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0.37 |
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0.39 |
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0.20 |
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0.28 |
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Diluted Earnings per Share
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0.40 |
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0.52 |
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0.35 |
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0.41 |
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0.35 |
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0.37 |
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0.20 |
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0.28 |
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