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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net sales $ 96,754 $ 101,673
Cost of sales 77,513 83,668
Gross profit 19,241 18,005
Selling, product development and administrative expenses 14,244 13,870
Gain on sale of product line, net (405) (405)
Operating income 5,402 4,540
Interest expense 90 210
Other expense, net 43 43
Income from continuing operations before income taxes 5,269 4,287
Income tax expense 1,357 1,655
Income from continuing operations 3,912 2,632
Income from discontinued operations, net of tax of $137   248
Net income $ 3,912 $ 2,880
Basic earnings per share:    
Continuing operations $ 0.23 $ 0.16
Discontinued operations   $ 0.01
Net income $ 0.23 $ 0.17
Diluted earnings per share:    
Continuing operations $ 0.23 $ 0.16
Discontinued operations   $ 0.01
Net income $ 0.23 $ 0.17
Weighted average number of common shares outstanding:    
Basic 16,828 16,735
Diluted 16,981 16,838