XML 39 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
Net sales $ 88,341 $ 81,974 $ 160,149 $ 158,207
Cost of sales 58,495 51,773 105,266 99,142
Gross margin 29,846 30,201 54,883 59,065
Selling, engineering and administration 19,686 18,846 39,998 37,522
Operating earnings 10,160 11,355 14,885 21,543
Interest expense, net 332 238 580 443
Earnings before income taxes 9,828 11,117 14,305 21,100
Provision for income taxes 3,547 3,675 5,117 7,409
Net earnings $ 6,281 $ 7,442 $ 9,188 $ 13,691
Earnings per share:        
Basic $ 0.44 $ 0.52 $ 0.64 $ 0.94
Diluted $ 0.44 $ 0.52 $ 0.64 $ 0.94
Dividends declared – Common stock $ 0.17 $ 0.16 $ 0.34 $ 0.32
Shares used in computation of earnings per share:        
Basic 14,365,536 14,234,900 14,345,143 14,527,328
Impact of dilutive securities 65,463 72,332 81,806 68,785
Diluted 14,430,999 14,307,232 14,426,949 14,596,113