Annual report pursuant to Section 13 and 15(d)

Quarterly Information (Unaudited)

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Quarterly Information (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited) Quarterly Information (Unaudited)
Quarter Ended
March June
September
December
(in thousands except per share data)
Fiscal Year 2020:
Revenues
$ 151,346  $ 206,730  $ 193,917  $ 205,987 
Gross profit
110,966  158,969  149,965  159,264 
Income from operations
24,171  61,186  54,622  58,173 
Net income
16,494  51,726  63,971  $ 46,474 
Net income per share:
Basic
$ 0.97  $ 3.00  $ 3.59  $ 2.54 
Diluted
$ 0.91  $ 2.73  $ 3.30  $ 2.36 
Weighted average shares outstanding:
Basic
17,064  17,231  17,826  18,267 
Diluted
18,189  18,927  19,406  19,706 
Fiscal Year 2019:
Revenues
$ 136,003  $ 138,773  $ 136,172  $ 160,902 
Gross profit
99,664  102,332  97,970  116,668 
Income from operations
23,241  22,425  15,651  32,246 
Net income
15,755  13,992  9,148  20,334 
Net income per share:
Basic
$ 0.90  $ 0.81  $ 0.53  $ 1.19 
Diluted
$ 0.87  $ 0.79  $ 0.52  $ 1.13 
Weighted average shares outstanding:
Basic
17,547  17,291  17,144  17,064 
Diluted
18,015  17,809  17,441  17,923 

Quarterly and year-to-date computations of per share amounts are made independently. Therefore, the sum of per share amounts for the quarters may not agree with per share amounts for the year shown elsewhere in our Annual Report on Form 10-K.