MOVADO GROUP, INC. Note 13. Quarterly Financial Data (Unaudited) The following table presents unaudited selected interim operating results of the Company for fiscal 2001 and 2000  (in thousands, except per share amounts) :  Quarter Ended 1st 2nd 3rd 4th Fiscal 2001 Net sales $53,339 $76,173 $105,122 $86,207 Gross profit $32,041 $45,786 $65,195 $54,429 Net income  $(173) $4,730 $12,557 $3,653 Per share: Net income (loss): Basic $(0.01) $0.41 $1.09 $0.32 Diluted $(0.01) $0.40 $1.07 $0.31 Fiscal 2000 Net sales $47,653 $69,538 $99,032 $78,844 Gross profit $29,035 $41,221 $61,641 $36,503 Net income (loss) $4,312 $4,422 $13,767 ($8,780) Per share: Net income: Basic $0.34 $0.35 $1.10 ($0.70) Diluted $0.33 $0.34 $1.07 ($0.68) As each quarter is calculated as a discrete period, the sum of the four quarters may not equal the calculated full year amount. This is in accordance with prescribed reporting requirements. Note 14. Supplemental Cash Flow Information Fiscal Year Ended January 31,  2001 2000 1999 Cash paid during the year for: Interest $6,634 $7,559 $5,274 Income taxes $2,992 $7,079 $4,585 57 The following is provided as supplemental information to the consolidated statements of cash flows  (in thousands) :