Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income

v3.19.1
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Condensed Consolidated Statements of Income    
Net sales $ 44,858 $ 40,552
Cost of sales 37,624 33,658
Gross profit 7,234 6,894
Selling, general, and administrative expenses 5,515 5,047
Income from operations 1,719 1,847
Other income:    
Interest, net 169 238
Foreign currency transaction gains 62 2
Income before provision for income taxes 1,950 2,087
Provision for income taxes 487 489
Net income $ 1,463 $ 1,598
Income per common share-Basic $ 0.32 $ 0.36
Income per common share-Diluted $ 0.32 $ 0.36
Weighted average common shares outstanding — Basic (in shares) 4,404 4,301
Weighted average common shares outstanding — Diluted (in shares) 4,404 4,301
Dividends paid per common share (in dollars per share) $ 0.17 $ 0.17