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Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 108,646 $ 110,630 $ 317,069 $ 329,319
Cost of sales 66,976 66,684 194,666 207,121
Gross margin 41,670 43,946 122,403 122,198
Selling, engineering and administration 25,225 28,212 76,598 80,139
Operating earnings 16,445 15,734 45,805 42,059
Interest expense, net 66 295 280 994
Other pension and postretirement costs 41 11,787 123 19,799
Earnings before income taxes 16,338 3,652 45,402 21,266
Provision for income taxes 3,617 801 10,499 4,715
Net earnings $ 12,721 $ 2,851 $ 34,903 $ 16,551
Earnings per share:        
Basic $ 0.44 $ 0.10 $ 1.20 $ 0.57
Diluted 0.44 0.10 1.19 0.57
Dividends declared per common share $ 0.17 $ 0.15 $ 0.47 $ 0.41
Shares used in computation of earnings per share:        
Basic 29,013,573 28,989,205 29,022,080 28,983,115
Impact of dilutive securities 179,765 207,955 193,112 198,428
Diluted 29,193,338 29,197,160 29,215,192 29,181,543