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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net sales $ 159,268 $ 160,466
Cost of products sold 110,874 114,943
Gross profit 48,394 45,523
Selling, general and administrative expenses 24,888 23,237
Amortization expense 3,077 3,191
Operating income 20,429 19,095
Interest expense (10,073) (10,187)
Other expense, net (272) (433)
Income before income taxes 10,084 8,475
Provision for income taxes 2,200 1,955
Net income $ 7,884 $ 6,520
Earnings per share (in dollars per share) $ 0.3 $ 0.25
Average number of shares outstanding (in shares) 26,201,093 26,129,878