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, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidated Statements of Earnings        
Net sales $ 84,399 $ 74,095 $ 156,129 $ 140,075
Cost of sales 78,260 68,130 144,452 128,797
Gross profit 6,139 5,965 11,677 11,278
Selling, general and administrative expenses 3,957 3,814 8,002 7,731
Income from operations 2,182 2,151 3,675 3,547
Other income:        
Interest, net 132 146 255 276
Foreign currency transaction (loss) gain 8 16 (4) 21
Income before provision for income taxes 2,322 2,313 3,926 3,844
Provision for income taxes 839 773 1,384 1,284
Net income $ 1,483 $ 1,540 $ 2,542 $ 2,560
Income per common share - Basic (in dollars per share) $ 0.32 $ 0.35 $ 0.55 $ 0.57
Income per common share - Diluted (in dollars per share) $ 0.31 $ 0.34 $ 0.54 $ 0.56
Weighted average common shares outstanding - Basic (in shares) 4,664 4,451 4,601 4,464
Weighted average common shares outstanding - Diluted (in shares) 4,719 4,557 4,665 4,578
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.16 $ 0.34 $ 0.32