Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Earnings

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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Consolidated Statements of Earnings      
Net sales $ 300,390 $ 297,057 $ 250,169
Cost of sales 276,035 273,165 226,928
Gross profit 24,355 23,892 23,241
Selling, general and administrative expenses 15,505 15,377 14,623
Income from operations 8,850 8,515 8,618
Other income:      
Interest, net 562 557 368
Foreign currency transaction gain   17 1
Income before provision for income taxes 9,412 9,089 8,987
Provision for income taxes 3,019 3,600 3,448
Net income $ 6,393 $ 5,489 $ 5,539
Income per common share-Basic (in dollars per share) $ 1.44 $ 1.23 $ 1.26
Income per common share-Diluted (in dollars per share) $ 1.41 $ 1.19 $ 1.20
Weighted average common shares outstanding-Basic (in shares) 4,454 4,476 4,412
Weighted average common shares outstanding-Diluted (in shares) 4,526 4,628 4,606