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Consolidated Statement of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Net revenues $ 15,888 $ 10,485 $ 30,068
Cost of revenues 7,467 5,156 13,919
Gross margin 8,421 5,329 16,149
Selling expense 1,871 1,471 3,539
Engineering and product development expense 982 982 1,917
General and administrative expense 3,286 2,145 5,280
Total operating expenses 6,139 4,598 10,736
Operating income 2,282 731 5,413
Other income 54 18 95
Earnings before income tax expense 2,336 749 5,508
Income tax expense 891 263 1,985
Net earnings $ 1,445 $ 486 $ 3,523
Net earnings per common share - basic (in dollars per share) $ 0.14 $ 0.05 $ 0.34
Weighted average common shares outstanding - basic (in shares) 10,277,155 10,295,836 10,270,860
Net earnings per common share - diluted (in dollars per share) $ 0.14 $ 0.05 $ 0.34
Weighted average common shares and common share equivalents outstanding - diluted (in shares) 10,334,894 10,310,692 10,315,115