XML 12 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Income Statement (unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Consolidated Income Statements (unaudited)        
Gross sales $ 67,484 $ 57,403 $ 129,138 $ 113,558
Commissions, allowances and rebates 523 376 814 712
Net sales 66,961 57,027 128,324 112,846
Other 1,421 1,190 643 1,464
Net revenues 68,382 58,217 128,967 114,310
Cost of goods sold 49,325 40,284 92,455 81,884
Gross profit 19,057 17,933 36,512 32,426
Operating expenses:        
Selling, general and administrative expenses 9,191 8,184 18,279 16,980
Research and development expenses 2,572 2,841 5,632 4,826
Total operating expenses 11,763 11,025 23,911 21,806
Operating profit 7,294 6,908 12,601 10,620
Other expenses/(income):        
Interest expense, net 605 1,171 1,178 2,369
Other (income)/expenses, net (282) 14 (285) 17
Equity in losses of partially-owned affiliate 303 0 667 0
Income before income taxes 6,668 5,723 11,041 8,234
Provision for income taxes 1,911 2,057 3,429 2,885
Income from continuing operations 4,757 3,666 7,612 5,349
Income/(loss) from discontinued operations, net of tax 0 1,105 (146) 1,105
Net income $ 4,757 $ 4,771 $ 7,466 $ 6,454
Basic earnings/(loss) per share of common stock:        
Income from continuing operations $ 0.16 $ 0.12 $ 0.26 $ 0.18
Income/(loss) from discontinued operations, net of tax $ 0 $ 0.04 $ (0.01) $ 0.04
Net Income $ 0.16 $ 0.16 $ 0.25 $ 0.22
Diluted earnings/(loss) per share of common stock:        
Income from continuing operations $ 0.16 $ 0.12 $ 0.26 $ 0.18
Income/(loss) from discontinued operations, net of tax $ 0 $ 0.04 $ (0.01) $ 0.04
Net Income $ 0.16 $ 0.16 $ 0.25 $ 0.22
Weighted average shares outstanding:        
Basic (in share) 29,419 29,333 29,433 29,324
Effect of dilutive stock based compensation 74 71 57 78
Diluted (in share) 29,493 29,404 29,490 29,402