Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Earnings

v3.8.0.1
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Consolidated Statements of Earnings      
Net sales $ 449,379 $ 418,131 $ 382,090
Cost of sales 422,303 390,800 355,517
Gross profit 27,076 27,331 26,573
Selling, general, and administrative expenses 19,263 18,715 18,063
Income from operations 7,813 8,616 8,510
Other income:      
Interest, net 699 318 368
Foreign currency transaction gain (loss) 41 (1) (20)
Income before provision for income taxes 8,553 8,933 8,858
Provision for income taxes 3,491 3,032 3,028
Net income $ 5,062 $ 5,901 $ 5,830
Income per common share-Basic (Restated) Notes 1 and 2 (in dollars per share) $ 1.13 $ 1.25 $ 1.22
Income per common share-Diluted (Restated ) Notes 1 and 2 (in dollars per share) $ 1.13 $ 1.25 $ 1.22
Weighted average common shares outstanding-Basic (Restated) Notes 1 and 2 (in shares) 4,299 4,503 4,634
Weighted average common shares outstanding-Diluted (Restated) Notes 1 and 2 (in shares) 4,299 4,503 4,634
Dividends paid per common share (in dollars per share) $ 0.68 $ 0.68 $ 0.68