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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net sales $ 82,883 $ 90,389 $ 243,853 $ 250,527
Cost of sales 58,856 64,840 174,597 182,599
Gross profit 24,027 25,549 69,256 67,928
Selling, general and administrative expenses 18,602 18,943 55,316 54,609
Gain on sale of assets (13) (5) (27) (23)
Other expense 127 284 430 389
Income from operations 5,311 6,327 13,537 12,953
Interest expense 246 97 655 268
Interest income (44) (45) (95) (132)
Income before income taxes 5,109 6,275 12,977 12,817
Income tax expense 1,089 2,025 2,874 4,073
Net income $ 4,020 $ 4,250 $ 10,103 $ 8,744
Basic earnings per share: (in dollars per share) $ 0.35 $ 0.37 $ 0.87 $ 0.75
Diluted earnings per share: (in dollars per share) $ 0.34 $ 0.36 $ 0.87 $ 0.75
Cash dividends declared per share: (in dollars per share) $ 0.02 $ 0.02 $ 0.06 $ 0.03