Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Earnings

v2.4.0.6
Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements of Earnings      
Net sales $ 297,057 $ 250,169 $ 206,730
Cost of sales 273,165 226,928 186,720
Gross profit 23,892 23,241 20,010
Selling, general and administrative expenses 15,377 14,623 13,207
Income from operations 8,515 8,618 6,803
Other income:      
Interest income 557 368 405
Foreign currency transaction gain 17 1 2
Income before provision for income taxes 9,089 8,987 7,210
Provision for income taxes 3,600 3,448 2,789
Net income $ 5,489 $ 5,539 $ 4,421
Income per common share-Basic (in dollars per share) $ 1.23 $ 1.26 $ 1.01
Income per common share-Diluted (in dollars per share) $ 1.19 $ 1.20 $ 0.98
Weighted average common shares outstanding-Basic (in shares) 4,476 4,412 4,386
Weighted average common shares outstanding-Diluted (in shares) 4,628 4,606 4,500