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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Condensed Consolidated Statements Of Operations        
Net sales $ 44,847 $ 44,042 $ 88,372 $ 79,817
Cost of goods sold 28,694 27,989 56,632 50,234
Gross profit 16,153 16,053 31,740 29,583
Selling, general and administrative expenses 12,364 11,670 24,983 23,191
Operating income 3,789 4,383 6,757 6,392
Non-operating items:        
Interest expense (226) (245) (452) (568)
Interest income 3 11 9 14
Interest expense, net (223) (234) (443) (554)
PPP loan forgiveness 3,508   3,508  
Other (expense) income, net (68) 1 (145) (37)
Total other income (expense), net 3,440 1 3,363 (37)
Income before income tax expense 7,006 4,150 9,677 5,801
Income tax (benefit) expense (224) 951 400 1,325
Net income $ 7,230 $ 3,199 $ 9,277 $ 4,476
Basic earnings per share $ 2.16 $ 0.96 $ 2.72 $ 1.34
Diluted earnings per share $ 1.82 $ 0.92 $ 2.34 $ 1.28
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,347,000 3,349,000 3,410,000 3,344,000
Weighted average number of dilutive stock options outstanding 617,000 132,000 551,000 155,000
Denominator used for diluted per share computations 3,964,000 3,481,000 3,961,000 3,499,000
Dividends declared per share $ 0.13 $ 0.12 $ 0.26 $ 0.24