| Summary of quarterly results of operations |
The following is a summary of the quarterly results of operations for fiscal 2018 and 2017: | | | | | | | | | | | | | | | | | Fiscal 2018 | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | Net sales | $ | 212,766 |
| | $ | 213,034 |
| | $ | 217,268 |
| | $ | 228,854 |
| Cost of sales | 112,107 |
| | 111,799 |
| | 112,594 |
| | 121,451 |
| Gross profit | 100,659 |
| | 101,235 |
| | 104,674 |
| | 107,403 |
| Gross profit percentage | 47.3 | % | | 47.5 | % | | 48.2 | % | | 46.9 | % | Net income | $ | 22,929 |
| | $ | 32,488 |
| | $ | 18,736 |
| | $ | 16,888 |
| Earnings per common share: | |
| | |
| | |
| | |
| Basic | $ | 0.55 |
| | $ | 0.78 |
| | $ | 0.45 |
| | $ | 0.41 |
| Diluted | $ | 0.55 |
| | $ | 0.78 |
| | $ | 0.45 |
| | $ | 0.41 |
|
| | | | | | | | | | | | | | | | | Fiscal 2017 | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | Net sales | $ | 187,725 |
| | $ | 184,817 |
| | $ | 192,113 |
| | $ | 205,502 |
| Cost of sales | 98,218 |
| | 96,340 |
| | 100,665 |
| | 107,774 |
| Gross profit | 89,507 |
| | 88,477 |
| | 91,448 |
| | 97,728 |
| Gross profit percentage | 47.7 | % | | 47.9 | % | | 47.6 | % | | 47.6 | % | Net income | $ | 18,800 |
| | $ | 18,070 |
| | $ | 17,511 |
| | $ | 16,997 |
| Earnings per common share: | |
| | |
| | |
| | |
| Basic | $ | 0.45 |
| | $ | 0.43 |
| | $ | 0.42 |
| | $ | 0.41 |
| Diluted | $ | 0.45 |
| | $ | 0.43 |
| | $ | 0.42 |
| | $ | 0.41 |
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