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Consolidated Statement of Income Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net sales $ 223,780 $ 209,330 $ 665,790 $ 622,530
Cost of sales (162,060) (150,440) (478,910) (452,350)
Gross profit 61,720 58,890 186,880 170,180
Selling, general and administrative expenses (31,840) (30,600) (90,270) (99,560)
Operating profit 29,880 28,290 96,610 70,620
Other expense, net:        
Interest expense (3,480) (3,390) (10,660) (10,360)
Debt financing and related expenses 0 (6,640) 0 (6,640)
Other income (expense), net 410 (370) (2,330) (1,290)
Other expense, net (3,070) (10,400) (12,990) (18,290)
Income before income tax expense 26,810 17,890 83,620 52,330
Income tax expense (4,140) (4,760) (17,030) (17,360)
Net income $ 22,670 $ 13,130 $ 66,590 $ 34,970
Basic earnings per share        
Net income per share $ 0.49 $ 0.29 $ 1.45 $ 0.77
Weighted average common shares—basic 45,850,288 45,721,155 45,850,187 45,669,782
Diluted earnings per share        
Net income per share $ 0.49 $ 0.29 $ 1.44 $ 0.76
Weighted average common shares—diluted 46,166,558 46,029,361 46,198,884 45,953,578