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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Condensed Consolidated Statements Of Operations    
Net sales $ 35,775 $ 31,370
Cost of goods sold 22,244 19,568
Gross profit 13,531 11,802
Selling, general and administrative expenses 11,521 10,268
Operating income 2,010 1,534
Non-operating items:    
Interest expense 322 510
Interest income (7) (9)
Interest expense, net 315 501
Other expense (income), net 43 (2)
Total other expense, net 358 499
Income before income tax expense 1,652 1,035
Income tax expense 375 228
Net income $ 1,277 $ 807
Basic earnings per share $ 0.38 $ 0.24
Diluted earnings per share $ 0.36 $ 0.24
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,349,000 3,351,000
Weighted average number of dilutive stock options outstanding 170,000 41,000
Denominator used for diluted per share computations 3,519,000 3,392,000
Dividends declared per share $ 0.12 $ 0.12