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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Sales and service revenue        
Product sales $ 39,044 $ 36,657 $ 76,398 $ 76,901
Service revenue 24,304 19,288 47,849 39,459
Net sales 63,348 55,945 124,247 116,360
Cost of sales and service revenue        
Cost of product sales 27,857 27,030 54,506 56,546
Cost of service revenue 20,246 15,690 39,938 32,183
Cost of sales 48,103 42,720 94,444 88,729
Gross profit 15,245 13,225 29,803 27,631
Selling, general and administrative expenses 8,523 7,763 17,174 15,803
Income from operations 6,722 5,462 12,629 11,828
Other expense:        
Interest expense, net (118) (167) (255) (394)
Other, net (585) (41) (562) (45)
Total other expense (703) (208) (817) (439)
Income before income taxes 6,019 5,254 11,812 11,389
Provision for income taxes 2,053 1,918 3,577 4,157
Net income $ 3,966 $ 3,336 $ 8,235 $ 7,232
Amounts per common share:        
Net income per common share (in dollars per share) $ 0.34 $ 0.29 $ 0.71 $ 0.63
Net income per common share assuming dilution (in dollars per share) $ 0.34 $ 0.29 $ 0.70 $ 0.62
Weighted average common shares outstanding ( in shares) 11,548,139 11,416,021 11,528,776 11,393,022
Weighted average dilutive common shares outstanding ( in shares) 11,747,230 11,640,826 11,721,361 11,603,850