XML 31 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (Unaudited) (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 $ 133,072 $ 140,973 $ 439,112 $ 431,091
Cost of goods sold (122,980) (129,700) (396,377) (390,169)
Gross margin 10,092 11,273 42,735 40,922
Other operating income (expense):        
Selling expense (1,457) (1,775) (5,749) (5,573)
General and administrative expense (2,942) (3,881) (13,665) (11,605)
Defined benefit pension credit 1,346 4,750 5,143 14,250
Other postretirement benefit credit 1,403 1,299 4,557 3,898
Total other operating income (expense) (1,650) 393 (9,714) 970
Operating income 8,442 11,666 33,021 41,892
Nonoperating income (expense):        
Interest expense (274) (319) (967) (922)
Other income (expense), net (141) 113 (488) 661
Total nonoperating income (expense) (415) (206) (1,455) (261)
Income before income taxes 8,027 11,460 31,566 41,631
Provision for income taxes (3,046) (4,544) (11,999) (17,033)
Net income $ 4,981 $ 6,916 $ 19,567 $ 24,598
Basic and diluted income per share $ 0.41 $ 0.57 $ 1.62 $ 2.03
Basic and diluted weighted average shares outstanding 12,102 12,102 12,102 12,102