Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Earnings

v3.7.0.1
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Condensed Consolidated Statements of Earnings    
Net sales $ 112,796 $ 93,323
Cost of sales 106,037 87,370
Gross profit 6,759 5,953
Selling, general and administrative expenses 4,967 4,460
Income from operations 1,792 1,493
Other income:    
Interest, net 148 64
Income before provision for income taxes 1,940 1,557
Provision for income taxes 621 528
Net income $ 1,319 $ 1,029
Income per common share-Basic (in dollars per share) $ 0.30 $ 0.23
Income per common share-Diluted (in dollars per share) $ 0.30 $ 0.22
Weighted average common shares outstanding-Basic (in shares) 4,343 4,565
Weighted average common shares outstanding-Diluted (in shares) 4,359 4,580
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.17