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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Revenues $ 38,504 $ 36,215
Cost of goods sold 19,873 18,650
Gross profit 18,631 17,565
Operating expenses:    
Selling 1,748 1,735
General and administrative 4,017 3,949
Research and development 1,539 1,416
Operating Expenses, Total 7,304 7,100
Operating income 11,327 10,465
Interest income 148 123
Other income (expense), net 1 (345)
Nonoperating Income 149 (222)
Income before provision for income taxes 11,476 10,243
Provision for income taxes (1,526) (3,298)
Net income $ 9,950 $ 6,945
Net income per basic share $ 5.42 $ 3.81
Weighted average basic shares outstanding 1,835 1,823
Net income per diluted share $ 5.36 $ 3.74
Weighted average diluted shares outstanding 1,855 1,857
Dividends per common share $ 1.05 $ 0.9