Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Earnings

v3.3.1.900
Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Consolidated Statements of Earnings      
Net sales $ 382,090 $ 340,758 $ 300,390
Cost of sales 355,517 315,948 276,035
Gross profit 26,573 24,810 24,355
Selling, general and administrative expenses 18,063 16,513 15,505
Income from operations 8,510 8,297 8,850
Other income:      
Interest, net 368 472 562
Foreign currency transaction loss (20) (11)  
Income before provision for income taxes 8,858 8,758 9,412
Provision for income taxes 3,028 2,998 3,019
Net income $ 5,830 $ 5,760 $ 6,393
Income per common share-Basic (in dollars per share) $ 1.26 $ 1.24 $ 1.44
Income per common share-Diluted (in dollars per share) $ 1.25 $ 1.23 $ 1.41
Weighted average common shares outstanding-Basic (in shares) 4,634 4,661 4,454
Weighted average common shares outstanding-Diluted (in shares) 4,653 4,702 4,526