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TRANSACT TECHNOLOGIES INCORPORATED CONSOLIDATED STATEMENTS OF INCOME (In thousands, except per share data) (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net sales $ 60,141,000 $ 68,386,000 $ 65,969,000
Cost of sales 35,049,000 42,404,000 41,343,000
Gross profit 25,092,000 25,982,000 24,626,000
Operating expenses:      
Engineering, design and product development 4,065,000 4,239,000 3,418,000
Selling and marketing 7,346,000 6,637,000 6,402,000
General and administrative 6,588,000 7,833,000 7,633,000
Legal fees associated with lawsuit (Note 11) 476,000 1,533,000  
Business consolidation and restructuring (Note 8)   138,000 184,000
18,475,000 20,380,000 17,637,000
Operating income 6,617,000 5,602,000 6,989,000
Interest and other income (expense):      
Interest expense (64,000) (61,000) (69,000)
Interest income 41,000 67,000 87,000
Other, net (63,000) (23,000) 1,000
(86,000) (17,000) 19,000
Income before income taxes 6,531,000 5,585,000 7,008,000
Income tax provision 1,596,000 1,964,000 2,332,000
Net income $ 4,935,000 $ 3,621,000 $ 4,676,000
Net income per common share:      
Basic (in Dollars per share) $ 0.57 $ 0.40 $ 0.50
Diluted (in Dollars per share) $ 0.57 $ 0.40 $ 0.49
Shares used in per-share calculation:      
Basic (in Shares) 8,589 9,032 9,443
Diluted (in Shares) 8,703 9,121 9,603
Dividends declared and paid per common share: (in Dollars per share) $ 0.27 $ 0.06