| Quarterly Financial Summary (Unaudited) |
23. Quarterly Financial Summary (Unaudited):
The following tables summarize the Company’s quarterly financial results during the years ended December 31, 2025 and 2024:
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2025 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
| Sales |
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$ |
143,109 |
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$ |
176,065 |
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$ |
204,907 |
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$ |
199,434 |
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| Gross profit |
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19,098 |
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40,161 |
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52,075 |
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46,752 |
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| Operating (loss) income |
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(981) |
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15,780 |
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28,275 |
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21,811 |
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| Net (loss) income from continuing operations |
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(8,134) |
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5,022 |
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185 |
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9,215 |
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| Net income (loss) from discontinued operations, net of tax |
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4,537 |
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964 |
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(79,440) |
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(3,475) |
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| Net (loss) income |
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(3,597) |
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5,986 |
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(79,255) |
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5,740 |
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| (Loss) earnings per common share - basic: |
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| Continuing operations |
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$ |
(0.07) |
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$ |
0.04 |
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$ |
0.00 |
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$ |
0.08 |
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| Discontinued operations |
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$ |
0.04 |
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$ |
0.01 |
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$ |
(0.70) |
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$ |
(0.03) |
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| Net (loss) earnings per share - basic |
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$ |
(0.03) |
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$ |
0.05 |
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$ |
(0.70) |
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$ |
0.05 |
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| (Loss) earnings per common share - diluted: |
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| Continuing operations |
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$ |
(0.07) |
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$ |
0.04 |
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$ |
0.00 |
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$ |
0.08 |
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| Discontinued operations |
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$ |
0.04 |
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$ |
0.01 |
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$ |
(0.69) |
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$ |
(0.03) |
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| Net (loss) earnings per share - diluted |
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$ |
(0.03) |
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$ |
0.05 |
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$ |
(0.69) |
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$ |
0.05 |
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| Weighted average shares outstanding: |
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| Basic |
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117,264,124 |
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116,232,528 |
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113,901,834 |
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113,357,158 |
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| Diluted |
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117,264,124 |
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116,535,060 |
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114,869,273 |
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114,454,479 |
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2024 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
| Sales |
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$ |
141,602 |
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$ |
153,958 |
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$ |
153,868 |
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$ |
148,867 |
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| Gross profit |
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33,232 |
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42,028 |
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45,135 |
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42,989 |
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| Operating income |
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13,481 |
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21,667 |
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27,543 |
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22,442 |
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| Net income from continuing operations |
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2,048 |
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5,027 |
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14,612 |
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23,817 |
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| Net (loss) income from discontinued operations, net of tax |
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(827) |
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3,268 |
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(361) |
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(54,236) |
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| Net income (loss) |
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1,221 |
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8,295 |
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14,251 |
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(30,419) |
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| Earnings (loss) per common share - basic: |
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| Continuing operations |
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$ |
0.02 |
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$ |
0.04 |
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$ |
0.13 |
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$ |
0.20 |
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| Discontinued operations |
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$ |
(0.01) |
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$ |
0.03 |
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$ |
0.00 |
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$ |
(0.47) |
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| Net earnings (loss) per share - basic |
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$ |
0.01 |
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$ |
0.07 |
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$ |
0.12 |
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$ |
(0.26) |
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| Earnings (loss) per common share - diluted: |
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| Continuing operations |
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$ |
0.02 |
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$ |
0.04 |
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$ |
0.12 |
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$ |
0.20 |
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| Discontinued operations |
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$ |
(0.01) |
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$ |
0.03 |
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$ |
0.00 |
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$ |
(0.46) |
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| Net earnings (loss) per share - diluted |
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$ |
0.01 |
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$ |
0.07 |
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$ |
0.12 |
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$ |
(0.26) |
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| Weighted average shares outstanding: |
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| Basic |
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116,955,043 |
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116,912,332 |
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116,490,634 |
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116,518,933 |
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| Diluted |
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117,451,149 |
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117,635,289 |
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117,187,054 |
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117,515,453 |
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