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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Net sales $ 102,700,000 $ 46,665,000
Cost of goods sold, excluding depreciation and amortization 52,218,000 29,693,000
Gross profit 50,482,000 16,972,000
Operating expenses:    
Selling, general and administrative 18,171,000 13,348,000
Depreciation and amortization 729,000 602,000
Total operating expenses 18,900,000 13,950,000
Income from operations 31,582,000 3,022,000
Other income (expense):    
Equity in income of unconsolidated affiliate 710,000 359,000
Gain (loss) on marketable securities (62,000) 231,000
Interest income, net 18,000 68,000
Total other income 666,000 658,000
Income before provision for income taxes 32,248,000 3,680,000
Provision for income taxes 5,162,000 680,000
Net income $ 27,086,000 $ 3,000,000
Basic earnings per common share (in dollars per share) $ 2.01 $ 0.23
Diluted earnings per common share (in dollars per share) $ 1.94 $ 0.23
Basic weighted average common shares outstanding (in shares) 13,449,987 13,142,872
Diluted weighted average common shares outstanding (in shares) 13,972,145 13,168,725