Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Earnings

v3.5.0.2
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Condensed Consolidated Statements of Earnings        
Net sales $ 99,586 $ 97,653 $ 298,167 $ 282,314
Cost of sales 93,214 90,773 278,842 262,652
Gross profit 6,372 6,880 19,325 19,662
Selling, general and administrative expenses 4,351 4,618 13,570 13,533
Income from operations 2,021 2,262 5,755 6,129
Other income:        
Interest, net 58 100 183 297
Foreign currency transaction (loss) gain 3 (4) (1) (9)
Income before provision for income taxes 2,082 2,358 5,937 6,417
Provision for income taxes 704 805 2,008 2,199
Net income $ 1,378 $ 1,553 $ 3,929 $ 4,218
Income per common share-Basic (in dollars per share) $ 0.31 $ 0.34 $ 0.87 $ 0.91
Income per common share-Diluted (in dollars per share) $ 0.31 $ 0.33 $ 0.86 $ 0.90
Weighted average common shares outstanding-Basic (in shares) 4,507 4,624 4,537 4,652
Weighted average common shares outstanding-Diluted (in shares) 4,518 4,643 4,548 4,673
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.17 $ 0.51 $ 0.51