2000
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) |
First
Quarter
|
Second
Quarter
|
Third
Quarter
|
Fourth
Quarter
|
Net sales |
$
|
40,404
|
$
|
50,769
|
$
|
50,908
|
$
|
55,236
|
|
|
Gross profit |
$
|
26,632
|
$
|
32,484
|
$
|
33,500
|
$
|
36,601
|
|
|
Income from continuing operations before income taxes |
$
|
7,259
|
$
|
10,169
|
$
|
11,245
|
$
|
13,454
|
Provision for income taxes |
2,432
|
3,406
|
2,584
|
4,305
|
|
|
Income from continuing operations |
4,827
|
6,763
|
8,661
|
9,149
|
Cumulative effect of change in accounting principle |
(432)
|
-
|
-
|
-
|
|
|
Net income |
$
|
4,395
|
$
|
6,763
|
$
|
8,661
|
$
|
9,149
|
|
|
Diluted earnings per share*: |
|
|
|
|
Continuing operations |
$
|
0.34
|
$
|
0.47
|
$
|
0.59
|
$
|
0.63
|
Cumulative effect of change in accounting principle |
(0.03)
|
-
|
-
|
-
|
|
|
Net income |
$
|
0.31
|
$
|
0.47
|
$
|
0.59
|
$
|
0.63
|
|
|
Number of shares used to compute diluted earnings per share |
14,359
|
14,438
|
14,596
|
14,618
|
|
|
1999
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) |
First
Quarter
|
Second
Quarter
|
Third
Quarter
|
Fourth
Quarter
|
Net sales |
$
|
34,959
|
$
|
41,743
|
$
|
43,404
|
$
|
45,222
|
|
|
Gross profit |
$
|
21,543
|
$
|
26,569
|
$
|
28,288
|
$
|
29,919
|
|
|
Income from continuing operations before income taxes |
$
|
4,088
|
$
|
7,898
|
$
|
9,627
|
$
|
11,099
|
Provision for income taxes |
1,447
|
2,604
|
3,081
|
3,579
|
|
|
Income from continuing operations |
2,641
|
5,294
|
6,546
|
7,520
|
Discontinued operations, net of taxes: |
|
|
|
|
Income (loss) |
(21)
|
150
|
-
|
-
|
Gain on disposal |
1,279
|
1,691
|
-
|
-
|
|
|
Income from discontinued operations |
1,258
|
1,841
|
-
|
-
|
|
|
Net income |
$
|
3,899
|
$
|
7,135
|
$
|
6,546
|
$
|
7,520
|
|
|
Diluted earnings per share*: |
|
|
|
|
Continuing operations |
$
|
0.18
|
$
|
0.38
|
$
|
0.46
|
$
|
0.53
|
Cumulative effect of change in accounting principle |
0.09
|
0.13
|
-
|
-
|
|
|
Net income |
$
|
0.27
|
$
|
0.51
|
$
|
0.46
|
$
|
0.53
|
|
|
Number of shares used to compute diluted earnings per share |
14,668
|
14,071
|
14,194
|
14,299
|
|
|
* The sum of earnings per share for the four quarters
is different from the full year amount because we base our calculations
on the weighted average number of common shares outstanding in each respective
period. |