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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Condensed Consolidated Statements Of Operations    
Net sales $ 43,525 $ 35,775
Cost of goods sold 27,938 22,244
Gross profit 15,587 13,531
Selling, general and administrative expenses 12,619 11,521
Operating income 2,968 2,010
Non-operating items:    
Interest expense 226 322
Interest income (5) (7)
Interest expense, net 221 315
Other expense, net 77 43
Total other expense, net 298 358
Income before income tax expense 2,670 1,652
Income tax expense 624 375
Net income $ 2,046 $ 1,277
Basic earnings per share $ 0.61 $ 0.38
Diluted earnings per share $ 0.52 $ 0.36
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,347,000 3,349,000
Weighted average number of dilutive stock options outstanding 564,000 170,000
Denominator used for diluted per share computations 3,911,000 3,519,000
Dividends declared per share $ 0.13 $ 0.12