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Consolidated Statement of Income Statement - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 239,370 $ 224,910 $ 460,660 $ 442,010
Cost of sales (174,020) (160,130) (335,490) (316,850)
Gross profit 65,350 64,780 125,170 125,160
Selling, general and administrative expenses (34,240) (33,260) (68,210) (58,430)
Operating profit 31,110 31,520 56,960 66,730
Other expense, net:        
Interest expense (3,490) (3,480) (6,930) (7,180)
Other income (expense), net 1,350 (2,180) 670 (2,740)
Other expense, net (2,140) (5,660) (6,260) (9,920)
Income before income tax expense 28,970 25,860 50,700 56,810
Income tax expense (6,950) (6,260) (9,590) (12,890)
Net income $ 22,020 $ 19,600 $ 41,110 $ 43,920
Basic earnings per share        
Net income per share $ 0.48 $ 0.43 $ 0.90 $ 0.96
Weighted average common shares—basic 45,592,075 45,920,307 45,585,445 45,850,137
Diluted earnings per share        
Net income per share $ 0.48 $ 0.42 $ 0.90 $ 0.95
Weighted average common shares—diluted 45,828,315 46,200,757 45,910,249 46,215,047