Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends



	Quarter ended
	March 31		June 30		September 30		December 31
	(In thousands except per share data)
2017
Net sales	$	101,606	$	104,176	$	100,008	$	96,650
Gross margin	$	38,650	$	41,054	$	37,039	$	39,003
Net earnings	$	8,749	$	10,614	$	7,975	$	7,233
Earnings per share:
Basic	$	0.30	$	0.37	$	0.28	$	0.25
Diluted	$	0.30	$	0.36	$	0.27	$	0.25
Dividends declared	$	0.115	$	0.115	$	0.130	$	0.130
Stock price:
High	$	39.85	$	41.58	$	49.45	$	52.10
Low	$	34.40	$	35.15	$	39.10	$	42.00
Quarter-end close	$	36.75	$	39.85	$	49.00	$	47.80

2016
Net sales	$	100,570	$	103,820	$	96,273	$	93,098
Gross margin	$	39,011	$	39,396	$	38,647	$	33,522
Net earnings	$	7,990	$	9,400	$	8,792	$	6,113
Earnings per share:
Basic	$	0.28	$	0.33	$	0.30	$	0.21
Diluted	$	0.28	$	0.32	$	0.30	$	0.21
Dividends declared	$	0.100	$	0.100	$	0.115	$	0.115
Stock price:
High	$	34.74	$	39.36	$	37.80	$	39.15
Low	$	26.40	$	31.72	$	31.90	$	29.30
Quarter-end close	$	33.26	$	36.52	$	33.51	$	36.95

The Company's Common Stock is listed on the New York Stock Exchange under the symbol BMI. Earnings per share are computed independently for each quarter. As such, the annual per share amount may not equal the sum of the quarterly amounts due to rounding. The Company currently anticipates continuing to pay cash dividends. Shareholders of record as of December 31, 2017 and 2016 totaled 909 and 922, respectively. Voting trusts and street name shareholders are counted as single shareholders for this purpose.