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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 30,058 $ 29,558 $ 85,515 $ 84,543
Cost of Goods Sold 26,423 26,171 76,594 74,311
Gross Profit 3,635 3,387 8,921 10,232
Operating Expenses        
Selling Expenses 589 717 2,147 2,792
General and Administrative Expenses 2,333 2,021 7,374 6,177
Total Operating Expenses 2,922 2,738 9,521 8,969
Income (Loss) From Operations 713 649 (600) 1,263
Other Expense        
Interest Expense (256) (170) (780) (551)
Income (Loss) Before Income Taxes 457 479 (1,380) 712
Income Tax Expense 44 115 122 350
Net Income (Loss) $ 413 $ 364 $ (1,502) $ 362
Net Income (Loss) Per Common Share:        
Basic (in dollars per share) (in dollars per share) $ 0.16 $ 0.14 $ (0.56) $ 0.13
Weighted Average Number of Common Shares Outstanding - Basic (in shares) (in shares) 2,657,911 2,680,684 2,667,754 2,698,950
Diluted (in dollars per share) (in dollars per share) $ 0.16 $ 0.14 $ (0.56) $ 0.13
Weighted Average Number of Common Shares Outstanding - Diluted (in shares) (in shares) 2,657,911 2,682,901 2,667,754 2,702,503
Other comprehensive income (loss)        
Foreign currency translation $ (56) $ (83) $ (56) $ (137)
Comprehensive income (loss), net of tax $ 357 $ 281 $ (1,558) $ 225