XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 186,413 $ 174,879 $ 378,073 $ 340,366
Cost of sales 150,286 131,552 302,439 256,541
Gross profit 36,127 43,327 75,634 83,825
Selling, product development and administrative expenses 23,878 23,290 49,349 48,640
Operating income 12,249 20,037 26,285 35,185
Interest expense 572 795 1,112 1,401
Other (income) expense, net (368) 792 (53) 1,125
Income before income taxes 12,045 18,450 25,226 32,659
Income tax expense 1,655 5,303 3,778 7,797
(Income) loss from equity method investment (60) 22 (56) 68
Net income $ 10,450 $ 13,125 $ 21,504 $ 24,794
Earnings per share:        
Basic (USD per share) $ 0.61 $ 0.77 $ 1.25 $ 1.46
Diluted (USD per share) $ 0.60 $ 0.76 $ 1.24 $ 1.44
Weighted average number of common shares outstanding:        
Basic (shares) 17,196 17,044 17,178 17,014
Diluted (shares) 17,335 17,262 17,334 17,272