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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - Quarter Ended September 30, 2011 and Revised Quarter Ended September 30, 2010, Revised Nine Months Ended September 30, 2011 and 2010 (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Net sales$ 93,741$ 77,746$ 294,245$ 226,259
Cost of sales79,22966,345243,671187,030
Gross profit14,51211,40150,57439,229
Selling, product development and administrative expenses12,64412,09039,99139,672
Gain on sale of product line, net(404)(404)(1,214)(2,137)
Operating income (loss)2,272(285)11,7971,694
Interest expense103209786638
Other (income) expense, net(15)1931345
Income (loss) from continuing operations before income taxes2,184(687)10,9981,011
Income tax expense (benefit)1,053(1,114)4,619(638)
Income from continuing operations1,1314276,3791,649
Income from discontinued operations, net of tax 9194,7321,309
Net Income$ 1,131$ 1,346$ 11,111$ 2,958
Basic earnings per share:    
Continuing operations$ 0.07$ 0.03$ 0.38$ 0.10
Discontinued operations $ 0.06$ 0.28$ 0.08
Net income$ 0.07$ 0.08$ 0.66$ 0.18
Diluted earnings per share:    
Continuing operations$ 0.07$ 0.03$ 0.38$ 0.10
Discontinued operations $ 0.05$ 0.28$ 0.08
Net income$ 0.07$ 0.08$ 0.66$ 0.18
Weighted average number of common shares outstanding:    
Basic16,75716,68216,74416,664
Diluted16,93216,73116,89316,701