Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data
3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Net sales $ 63,741 $ 52,994 $ 175,951 $ 141,794
Cost of sales 57,984 47,860 159,768 128,007
Gross profit 5,757 5,134 16,183 13,787
Selling, general and administrative expenses 3,465 3,181 10,635 9,371
Income from operations 2,292 1,953 5,548 4,416
Interest income, net 92 104 264 316
Realized foreign exchange gain     1 3
Income before income tax provision 2,384 2,057 5,813 4,735
Provision for income taxes 890 800 2,248 1,800
Net income $ 1,494 $ 1,257 $ 3,565 $ 2,935
Net income per common share - Basic (in dollars per share) $ 0.34 $ 0.29 $ 0.81 $ 0.67
Net income per common share - Diluted (in dollars per share) $ 0.33 $ 0.28 $ 0.77 $ 0.66
Weighted average common shares outstanding-Basic (in shares) 4,406 4,389 4,411 4,380
Weighted average common shares outstanding-Diluted (in shares) 4,575 4,502 4,618 4,475
Dividends paid per common share (in dollars per share) $ 0.16 $ 0.15 $ 0.48 $ 0.45