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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net sales $ 96,859 $ 96,604
Cost of products sold 73,546 70,398
Gross profit 23,313 26,206
Selling, general and administrative expenses 14,363 14,356
Operating income 8,950 11,850
Other income (expense), net 292 806
Income before income taxes 9,242 12,656
Income taxes 2,020 3,039
Net income $ 7,222 $ 9,617
Earnings per share (in dollars per share) $ 0.28 $ 0.37
Cash dividends per share (in dollars per share) $ 0.135 $ 0.125
Average number of shares outstanding (in shares) 26,118,891 26,106,623