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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Revenues $ 41,614 $ 39,401
Cost of goods sold 22,911 20,450
Gross profit 18,703 18,951
Operating expenses:    
Selling 2,384 2,018
General and administrative 4,187 4,229
Research and development 1,095 1,338
Operating Expenses, Total 7,666 7,585
Operating income 11,037 11,366
Interest and dividend income 582 313
Other investment income (losses) 211 (772)
Nonoperating Income 793 (459)
Income before provision for income taxes 11,830 10,907
Provision for income taxes (2,392) (2,420)
Net income $ 9,438 $ 8,487
Net income per basic share $ 5.09 $ 4.58
Weighted average basic shares outstanding 1,853 1,852
Net income per diluted share $ 5.07 $ 4.57
Weighted average diluted shares outstanding 1,862 1,856
Dividends per common share $ 1.35 $ 1.2