XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net Sales $ 119,437 $ 109,588 $ 233,259 $ 208,670
Cost of sales 89,262 82,003 177,291 165,695
Gross profit 30,175 27,585 55,968 42,975
Selling, general and administrative expenses 13,481 13,086 24,482 23,305
Loss (gain) on disposal of assets 6 (4) 290 (11)
Income from operations 16,688 14,503 31,196 19,681
Interest income, net 31 67 40 135
Other expense, net 17 12 (9) 6
Income before taxes 16,736 14,582 31,227 19,822
Income tax provision 3,775 2,891 7,364 3,871
Net income $ 12,961 $ 11,691 $ 23,863 $ 15,951
Earnings per share:        
Basic (usd per share) $ 0.25 $ 0.22 $ 0.46 $ 0.30
Diluted (usd per share) 0.25 0.22 0.45 0.30
Cash dividends declared per common share (in dollars per share) $ 0.16 $ 0.16 $ 0.16 $ 0.16
Weighted average shares outstanding:        
Basic (in shares) 52,120,272 52,383,842 52,087,626 52,348,912
Diluted (in shares) 52,747,199 52,717,787 52,589,845 52,754,045