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 Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Condensed Consolidated Statements of Earnings    
Net sales $ 65,980 $ 66,907
Cost of sales 60,667 61,340
Gross profit 5,313 5,567
Selling, general and administrative expenses 3,917 3,987
Income from operations 1,396 1,580
Other income:    
Interest, net 130 124
Foreign currency transaction gain 5 1
Income before provision for income taxes 1,531 1,705
Provision for income taxes 511 676
Net income $ 1,020 $ 1,029
Income per common share - Basic (in dollars per share) $ 0.23 $ 0.23
Income per common share -Diluted (in dollars per share) $ 0.22 $ 0.22
Weighted average common shares outstanding - Basic (in shares) 4,477 4,427
Weighted average common shares outstanding - Diluted (in shares) 4,602 4,612
Dividends paid per common share (in dollars per share) $ 0.16 $ 0.16