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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 24,029 $ 20,585 $ 38,430 $ 33,706
Cost of goods sold 15,346 13,034 24,439 21,042
Gross profit 8,683 7,551 13,991 12,664
Selling, general and administrative expenses 6,223 5,605 11,348 10,417
Operating income 2,460 1,946 2,643 2,247
Interest:        
Interest expense 114 79 211 131
Interest income (40) (41) (90) (73)
Interest expense, net 74 38 121 58
Other expense (income), net 3 24 (22) 39
Total other expense 77 62 99 97
Income before income taxes 2,383 1,884 2,544 2,150
Income tax expense 640 317 681 370
Net income $ 1,743 $ 1,567 $ 1,863 $ 1,780
Basic earnings per share $ 0.56 $ 0.50 $ 0.60 $ 0.56
Diluted earnings per share $ 0.56 $ 0.48 $ 0.60 $ 0.54
Weighted average number of common shares outstanding - denominator used for basic per share computations 3,096 3,158 3,085 3,163
Weighted average number of dilutive stock options outstanding 21 131 26 107
Denominator used for diluted per share computations 3,117 3,289 3,111 3,270
Dividends declared per share $ 0.06 $ 0.05 $ 0.12 $ 0.10