XML 95 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statement of Income Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 236,830 $ 223,780 $ 697,490 $ 665,790
Cost of sales (175,590) (162,060) (511,080) (478,910)
Gross profit 61,240 61,720 186,410 186,880
Selling, general and administrative expenses (32,550) (31,840) (100,760) (90,270)
Operating profit 28,690 29,880 85,650 96,610
Other expense, net:        
Interest expense (3,520) (3,480) (10,450) (10,660)
Other income (expense), net 610 410 1,280 (2,330)
Other expense, net (2,910) (3,070) (9,170) (12,990)
Income before income tax expense 25,780 26,810 76,480 83,620
Income tax expense (6,670) (4,140) (16,260) (17,030)
Net income $ 19,110 $ 22,670 $ 60,220 $ 66,590
Basic earnings per share        
Net income per share $ 0.42 $ 0.49 $ 1.33 $ 1.45
Weighted average common shares—basic 45,175,244 45,850,288 45,448,711 45,850,187
Diluted earnings per share        
Net income per share $ 0.42 $ 0.49 $ 1.32 $ 1.44
Weighted average common shares—diluted 45,415,767 46,166,558 45,745,421 46,198,884