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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Condensed Consolidated Statements Of Operations        
Net sales $ 47,923 $ 43,316 $ 136,295 $ 123,133
Cost of goods sold 30,918 28,360 87,550 78,594
Gross profit 17,005 14,956 48,745 44,539
Selling, general and administrative expenses 14,044 12,832 39,028 36,023
Operating income 2,961 2,124 9,717 8,516
Non-operating items:        
Interest expense (230) (173) (682) (742)
Interest income 2 5 11 20
Interest expense, net (228) (168) (671) (722)
PPP loan forgiveness     3,508  
Other (expense) income, net (68) 35 (213) (2)
Total other (expense) income, net (68) 35 3,295 (2)
Income before income tax expense 2,665 1,991 12,341 7,792
Income tax expense 619 412 1,019 1,737
Net income $ 2,046 $ 1,579 $ 11,322 $ 6,055
Basic earnings per share $ 580 $ 470 $ 3,280 $ 1,810
Diluted earnings per share $ 0.50 $ 0.46 $ 2.85 $ 1.75
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,542,000 3,340,000 3,449,000 3,343,000
Weighted average number of dilutive stock options outstanding 516,000 122,000 520,000 111,000
Denominator used for diluted per share computations 4,058,000 3,462,000 3,969,000 3,454,000
Dividends declared per share $ 0.13 $ 0.12 $ 0.39 $ 0.36