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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues $ 28,862 $ 19,998 $ 55,586 $ 37,420
Cost of products sold 20,062 14,452 38,837 27,469
Gross margin 8,800 5,546 16,749 9,951
Operating costs and expenses:        
Selling 1,489 1,012 2,951 1,953
General and administrative 3,394 2,361 6,360 4,418
Engineering and development 1,550 927 3,084 1,940
Amortization of intangible assets 187 160 367 325
Insurance recoveries       (685)
Total operating costs and expenses 6,620 4,460 12,762 7,951
Operating income 2,180 1,086 3,987 2,000
Other expense (income), net:        
Interest expense 23   47 3
Other expense (income), net (21) 15 (22) (138)
Total other expense (income), net 2 15 25 (135)
Income before income taxes 2,178 1,071 3,962 2,135
Provision for income taxes (697) (332) (1,268) (662)
Net income $ 1,481 $ 739 $ 2,694 $ 1,473
Basic net income per share:        
Net income per share (in dollars per share) $ 0.17 $ 0.09 $ 0.32 $ 0.19
Basic weighted average common shares (in shares) 8,477 7,856 8,374 7,811
Diluted net income per share:        
Net income per share (in dollars per share) $ 0.17 $ 0.09 $ 0.32 $ 0.19
Diluted weighted average common shares (in shares) 8,523 7,869 8,539 7,819