XML 26 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME        
Net sales $ 56,583 $ 53,871 $ 106,327 $ 100,499
Cost of sales 28,433 26,883 54,036 50,253
Gross profit 28,150 26,988 52,291 50,246
Operating expenses        
Selling, general and administrative 18,664 18,656 36,428 35,796
Amortization of intangible assets 573 471 1,145 945
Income from operations 8,913 7,861 14,718 13,505
Interest and other expense, net 377 377 688 736
Income before provision for income taxes 8,536 7,484 14,030 12,769
Provision for income taxes 3,000 2,654 5,000 4,528
Net income 5,536 4,830 9,030 8,241
Other comprehensive income (loss)        
Foreign currency translation adjustment, net of tax (162) 96 (157) 45
Comprehensive income $ 5,374 $ 4,926 $ 8,873 $ 8,286
Net income per common share        
Basic (in dollars per share) $ 0.57 $ 0.49 $ 0.92 $ 0.82
Diluted (in dollars per share) $ 0.57 $ 0.49 $ 0.92 $ 0.82
Weighted average common shares outstanding        
Basic (in shares) 9,741,866 9,938,593 9,766,843 9,992,200
Dilutive effect of stock options (in shares) 30,671 8,419 28,911 11,651
Diluted (in shares) 9,772,537 9,947,012 9,795,754 10,003,851