Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Information

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Selected Quarterly Financial Information
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information

NOTE 16 — SELECTED QUARTERLY FINANCIAL INFORMATION

The following table summarizes selected quarterly financial information for 2014 and 2013:

 

    Quarter Ended  
(Unaudited)   Dec. 31,     Sept. 27,     June 28,     March 29,     Dec. 31,     Sept. 28,     June 30,     March 30,  
(In thousands, except for per share data)   2014     2014     2014     2014     2013     2013     2013     2013  

Sales

   $ 166,083      $ 179,442      $ 174,563      $ 140,951      $ 105,456      $ 89,681      $ 70,833      $ 73,967   

Gross Profit (sales less cost of products sold)

   $ 42,525      $ 51,310      $ 43,202      $ 30,005      $ 25,173      $ 23,785      $ 18,681      $ 20,219   

Income Before Income Taxes

   $ 24,411      $ 23,470      $ 19,922      $ 11,304      $ 8,902      $ 10,747      $ 7,718      $ 10,844   

Net Income

   $ 18,439      $ 17,080      $ 13,144      $ 7,507      $ 6,389      $ 7,155      $ 5,158      $ 8,564   

Basic Earnings Per Share

   $ 0.84      $ 0.79      $ 0.61      $ 0.35      $ 0.30      $ 0.34      $ 0.25      $ 0.41   

Diluted Earnings Per Share

   $ 0.81      $ 0.75      $ 0.58      $ 0.33      $ 0.29      $ 0.32      $ 0.24      $ 0.39