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TRANSACT TECHNOLOGIES INCORPORATED CONSOLIDATED STATEMENTS OF INCOME (In thousands, except per share data) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net sales $ 65,969 $ 63,194 $ 58,346
Cost of sales 41,343 40,646 39,517
Gross profit 24,626 22,548 18,829
Operating expenses:      
Engineering, design and product development 3,418 3,000 2,788
Selling and marketing 6,402 6,407 5,821
General and administrative 7,633 7,280 6,924
Business consolidation and restructuring (Note 9) 184    
17,637 16,687 15,533
Operating income 6,989 5,861 3,296
Interest and other income (expense):      
Interest expense (69) (96) (70)
Interest income 87 87 20
Other, net 1 (25) (33)
19 (34) (83)
Income before income taxes 7,008 5,827 3,213
Income tax provision 2,332 1,923 1,073
Net income $ 4,676 $ 3,904 $ 2,140
Net income per common share:      
Basic (in Dollars per share) $ 0.50 $ 0.42 $ 0.23
Diluted (in Dollars per share) $ 0.49 $ 0.41 $ 0.23
Shares used in per-share calculation:      
Basic (in Shares) 9,443 9,390 9,289
Diluted (in Shares) 9,603 9,590 9,377