Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Earnings

v3.3.0.814
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Condensed Consolidated Statements of Earnings        
Net sales $ 97,653 $ 90,505 $ 282,314 $ 246,635
Cost of sales 90,773 84,329 262,652 228,782
Gross profit 6,880 6,176 19,662 17,853
Selling, general and administrative expenses 4,618 4,291 13,533 12,293
Income from operations 2,262 1,885 6,129 5,560
Other income:        
Interest, net 100 121 297 375
Foreign currency transaction loss (4) (4) (9) (8)
Income before provision for income taxes 2,358 2,002 6,417 5,927
Provision for income taxes 805 632 2,199 2,016
Net income $ 1,553 $ 1,370 $ 4,218 $ 3,911
Income per common share-Basic (in dollars per share) $ 0.34 $ 0.29 $ 0.91 $ 0.84
Income per common share-Diluted (in dollars per share) $ 0.33 $ 0.29 $ 0.90 $ 0.83
Weighted average common shares outstanding-Basic (in shares) 4,624 4,716 4,652 4,639
Weighted average common shares outstanding-Diluted (in shares) 4,643 4,736 4,673 4,685
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.17 $ 0.51 $ 0.51