Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (Unaudited)

v3.8.0.1
Quarterly Financial Information (Unaudited)
 12 Months Ended
Sep. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
Presented below is a summary of our unaudited consolidated quarterly financial information for the fiscal years ended September 30, 2017, and October 1, 2016 (in thousands, except per share amounts):
 
2017 Quarter Ended
 
2016 Quarter Ended
 
December 31, 2016
 
April 1, 2017
 
July 1, 2017
 
September 30, 2017
 
January 2, 2016
 
April 2, 2016
 
July 2, 2016
 
October 1, 2016
Net sales
$
85,336

 
$
104,138

 
$
104,281

 
$
91,327

 
$
90,171

 
$
109,160

 
$
111,552

 
$
114,366

Gross profit
17,559

 
24,230

 
22,269

 
16,664

 
18,879

 
25,726

 
24,986

 
23,908

Operating income
471

 
7,520

 
5,851

 
2,337

 
2,227

 
5,931

 
4,227

 
3,947

Net earnings (loss)
(602
)
 
4,546

 
4,468

 
2,099

 
681

 
3,436

 
2,542

 
2,305

 
 
 


 


 


 
 
 
 
 
 
 
 
Basic EPS
$
(0.08
)
 
$
0.60

 
$
0.59

 
$
0.28

 
$
0.09

 
$
0.44

 
$
0.33

 
$
0.30

Diluted EPS
$
(0.08
)
 
$
0.57

 
$
0.56

 
$
0.27

 
$
0.09

 
$
0.43

 
$
0.32

 
$
0.29


For fiscal year 2017, diluted earnings per share have been adjusted to reflect the impact of adopting ASU 2016-9. See Note 2—Significant Accounting Policies (aa) Recently Adopted Accounting Pronouncements for further detail. As discussed in Note 4, gross profit and operating income in the quarters ended July 2, 2016, and October 1, 2016, included restructuring expenses related to the manufacturing realignment.