Table:
| 2019 | First<br>Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total |
| --- | --- | --- | --- | --- | --- |
| Net sales | $765,544 | $789,051 | $799,644 | $810,195 | $3,164,434 |
| Gross profit | 72,383 | 70,636 | 71,030 | 77,789 | 291,838 |
| Net income (2,3,4) | 22,226 | 24,758 | 24,801 | 36,831 | 108,616 |
| Earnings per share (1): |  |  |  |  |  |
| Basic | $0.71 | $0.81 | $0.83 | $1.26 | $3.59 |
| Diluted (7) | $0.69 | $0.79 | $0.81 | $1.23 | $3.50 |
Paragraphs:
17. Quarterly Financial Data (Unaudited)
The following is summarized quarterly financial data for fiscal 2019 and 2018 (in thousands, except per share amounts):
(1) The annual total amounts may not equal the sum of the quarterly amounts due to rounding. Earnings per share is computed independently for each quarter.
(2) The first quarter of fiscal 2019 results included $7.0 million of tax expense as a result of new regulations issued in November 2018 under Tax Reform. These regulations impacted the treatment of foreign taxes paid.
(3) The fourth quarter of fiscal 2019 results included restructuring costs of $1.7 million, $1.5 million net of taxes.
(4) The fourth quarter of fiscal 2019 results included the permanent reinvestment assertion of $10.5 million of certain historical undistributed earnings of two foreign subsidiaries.
(7) The first quarter of fiscal 2019 included $0.23 per share of tax expense as a result of U.S. Tax Reform. The fourth quarter of fiscal 2019 included $0.05 per share of expense related to restructuring costs and $0.35 per share tax benefit resulting from the permanent reinvestment assertion of certain historical undistributed earnings of two foreign subsidiaries.
Question:
What was the percentage change in the basic earnings per share between the third and fourth quarter?
Answer: (1.26-0.83)/0.83 = 51.81