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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Total net sales $ 200,933 $ 172,890 $ 351,402 $ 295,344
Total cost of sales 163,805 139,827 285,112 240,089
Gross profit 37,128 33,063 66,290 55,255
Selling and administrative expenses 22,855 23,368 44,772 43,826
Amortization expense 1,679 1,775 3,391 3,560
Interest expense - net 1,597 1,630 2,952 3,517
Other (income) expense - net (252) 128 (402) (477)
Total expenses 25,879 26,901 50,713 50,426
Income before income taxes 11,249 6,162 15,577 4,829
Income tax expense 1,685 728 2,323 1,253
Net income $ 9,564 $ 5,434 $ 13,254 $ 3,576
Basic earnings per common share (usd per share) $ 0.92 $ 0.52 $ 1.27 $ 0.35
Diluted earnings per common share (usd per share) $ 0.90 $ 0.52 $ 1.25 $ 0.34
Product        
Total net sales $ 160,227 $ 127,093 $ 273,310 $ 218,904
Total cost of sales 132,438 105,297 224,769 180,433
Service        
Total net sales 40,706 45,797 78,092 76,440
Total cost of sales $ 31,367 $ 34,530 $ 60,343 $ 59,656