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Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales $ 108,508 $ 104,881
Cost of sales 65,186 64,424
Gross margin 43,322 40,457
Selling, engineering and administration 27,307 26,130
Operating earnings 16,015 14,327
Interest expense, net 31 129
Other pension and postretirement costs 44 47
Earnings before income taxes 15,940 14,151
Provision for income taxes 4,086 3,327
Net earnings $ 11,854 $ 10,824
Earnings per share:    
Basic $ 0.41 $ 0.37
Diluted 0.41 0.37
Dividends declared per common share $ 0.17 $ 0.15
Shares used in computation of earnings per share:    
Basic 29,042,158 29,028,964
Impact of dilutive securities 181,757 209,660
Diluted 29,223,915 29,238,624