Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Earnings

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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Condensed Consolidated Statements of Earnings        
Net sales $ 106,646 $ 99,586 $ 322,423 $ 298,167
Cost of sales 100,403 93,214 302,848 278,842
Gross profit 6,243 6,372 19,575 19,325
Selling, general and administrative expenses 4,451 4,351 14,261 13,570
Income from operations 1,792 2,021 5,314 5,755
Other income:        
Interest, net 145 58 466 183
Foreign currency transaction gain (loss) 73 3 22 (1)
Income before provision for income taxes 2,010 2,082 5,802 5,937
Provision for income taxes 669 704 1,867 2,008
Net income $ 1,341 $ 1,378 $ 3,935 $ 3,929
Income per common share-Basic (Restated) Notes 1 and 9 (in dollars per share) $ 0.30 $ 0.29 $ 0.87 $ 0.83
Income per common share-Diluted (Restated) Notes 1 and 9 (in dollars per share) $ 0.30 $ 0.29 $ 0.87 $ 0.83
Weighted average common shares outstanding-Basic (Restated) Notes 1 and 9 (in shares) 4,283 4,507 4,303 4,537
Weighted average common shares outstanding-Diluted (Restated) Notes 1 and 9 (in shares) 4,283 4,507 4,303 4,537
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.17 $ 0.51 $ 0.51