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 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Condensed Consolidated Statements of Earnings        
Net sales $ 105,257 $ 91,970 $ 198,580 $ 184,662
Cost of sales 98,257 85,545 185,628 171,880
Gross profit 7,000 6,425 12,952 12,782
Selling, general and administrative expenses 4,756 4,449 9,216 8,916
Income from operations 2,244 1,976 3,736 3,866
Other income:        
Interest, net 61 99 125 197
Foreign currency transaction loss (3) (4) (3) (5)
Income before provision for income taxes 2,302 2,071 3,858 4,058
Provision for income taxes 775 710 1,303 1,394
Net income $ 1,527 $ 1,361 $ 2,555 $ 2,664
Income per common share-Basic (in dollars per share) $ 0.34 $ 0.29 $ 0.56 $ 0.57
Income per common share-Diluted (in dollars per share) $ 0.34 $ 0.29 $ 0.56 $ 0.57
Weighted average common shares outstanding-Basic (in shares) 4,524 4,640 4,545 4,665
Weighted average common shares outstanding-Diluted (in shares) 4,535 4,663 4,557 4,689
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.17 $ 0.34 $ 0.34