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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME    
NET SALES $ 176,054 $ 197,213
COSTS OF OPERATIONS 157,516 174,616
GROSS PROFIT 18,538 22,597
OPERATING EXPENSES:    
Selling, general and administrative expenses 10,974 10,215
NON-OPERATING (INCOME) EXPENSES:    
Interest expense, net 359 668
Other (income) expense, net 91 254
Total expense, net 11,424 11,137
INCOME BEFORE INCOME TAXES 7,114 11,460
INCOME TAX PROVISION 1,683 2,800
NET INCOME $ 5,431 $ 8,660
BASIC INCOME PER COMMON SHARE (in dollars per share) $ 0.48 $ 0.76
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.18 $ 0.18
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic (in shares) 11,405 11,400