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Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 91,119 $ 103,542 $ 199,627 $ 208,423
Cost of sales 55,269 63,266 120,455 127,690
Gross margin 35,850 40,276 79,172 80,733
Selling, engineering and administration 23,186 25,243 50,493 51,373
Operating earnings 12,664 15,033 28,679 29,360
Interest expense, net 32 85 63 214
Other pension and postretirement costs 44 35 88 82
Earnings before income taxes 12,588 14,913 28,528 29,064
Provision for income taxes 3,054 3,555 7,140 6,882
Net earnings $ 9,534 $ 11,358 $ 21,388 $ 22,182
Earnings per share:        
Basic $ 0.33 $ 0.39 $ 0.74 $ 0.76
Diluted 0.33 0.39 0.73 0.76
Dividends declared per common share $ 0.17 $ 0.15 $ 0.34 $ 0.30
Shares used in computation of earnings per share:        
Basic 29,047,297 29,027,887 29,046,277 29,024,543
Impact of dilutive securities 218,422 183,646 200,090 200,009
Diluted 29,265,719 29,211,533 29,246,367 29,224,552