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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Sales $ 92,071 $ 85,903 $ 176,935 $ 170,485
Less: excise taxes 6,717 5,336 11,168 10,922
Net sales 85,354 80,567 165,767 159,563
Cost of sales [1] 67,826 72,259 134,851 144,454
Gross profit 17,528 8,308 30,916 15,109
Selling, general and administrative expenses 8,025 5,166 14,505 10,238
Loss on insurance recoveries 0 70 0 70
Income from operations 9,503 3,072 16,411 4,801
Interest expense, net (129) (218) (260) (416)
Equity method investment earnings 3,096 2,331 4,448 5,666
Income before income taxes 12,470 5,185 20,599 10,051
Provision for income taxes 4,599 86 7,658 167
Net income 7,871 5,099 12,941 9,884
Other comprehensive income, net of tax 330 500 258 325
Comprehensive income $ 8,201 $ 5,599 $ 13,199 $ 10,209
Basic and diluted earnings per share (in usd per share) $ 0.44 $ 0.28 $ 0.72 $ 0.55
Dividends and dividend equivalents per common share (in usd per share) $ 0 $ 0 $ 0.06 $ 0.05
[1] Includes related party purchases of $10,145 and $9,008 for the quarters ended June 30, 2015 and 2014, respectively. Includes related party purchases of $19,437 and $16,140 for the year to date periods ended June 30, 2015 and 2014. See Note 2. Equity Method Investments.