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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Consolidated Statements Of Operations        
Net sales $ 44,042 $ 40,220 $ 79,817 $ 71,590
Cost of goods sold 27,989 25,449 50,234 45,016
Gross profit 16,053 14,771 29,583 26,574
Selling, general and administrative expenses 11,670 11,003 23,191 21,271
Operating income 4,383 3,768 6,392 5,303
Non-operating items:        
Interest expense 245 502 568 1,013
Interest income (11) (11) (14) (19)
Interest expense, net 234 491 554 994
Other (income) expense, net (1) 14 37 12
Total other expense, net 233 505 591 1,006
Income before income tax expense 4,150 3,263 5,801 4,297
Income tax expense 951 592 1,325 819
Net income $ 3,199 $ 2,671 $ 4,476 $ 3,478
Basic earnings per share $ 0.96 $ 0.80 $ 1.34 $ 1.04
Diluted earnings per share $ 0.92 $ 0.77 $ 1.28 $ 1.01
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,349,000 3,351,000 3,344,000 3,351,000
Weighted average number of dilutive stock options outstanding 132,000 134,000 155,000 78,000
Denominator used for diluted per share computations 3,482,000 3,485,000 3,499,000 3,429,000
Dividends declared per share $ 0.12 $ 0.12 $ 0.24 $ 0.24