Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Earnings

v3.4.0.3
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Condensed Consolidated Statements of Earnings    
Net sales $ 93,323 $ 92,691
Cost of sales 87,370 86,335
Gross profit 5,953 6,356
Selling, general and administrative expenses 4,460 4,466
Income from operations 1,493 1,890
Other income:    
Interest, net 64 98
Foreign currency transaction loss   (1)
Income before provision for income taxes 1,557 1,987
Provision for income taxes 528 684
Net income $ 1,029 $ 1,303
Income per common share-Basic (in dollars per share) $ 0.23 $ 0.28
Income per common share-Diluted (in dollars per share) $ 0.22 $ 0.28
Weighted average common shares outstanding-Basic (in shares) 4,565 4,690
Weighted average common shares outstanding-Diluted (in shares) 4,580 4,718
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.17