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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
NET SALES $ 128,529 $ 222,346 $ 304,583 $ 419,559
COSTS OF OPERATIONS 110,802 197,133 268,318 371,749
GROSS PROFIT 17,727 25,213 36,265 47,810
OPERATING EXPENSES:        
Selling, general and administrative expenses 10,067 10,968 21,041 21,183
NON-OPERATING (INCOME) EXPENSES:        
Interest expense, net 429 721 788 1,389
Other (income) expense, net (275) 57 (184) 311
Total expense, net 10,221 11,746 21,645 22,883
INCOME BEFORE INCOME TAXES 7,506 13,467 14,620 24,927
INCOME TAX PROVISION 1,680 2,784 3,363 5,584
NET INCOME $ 5,826 $ 10,683 $ 11,257 $ 19,343
BASIC INCOME PER COMMON SHARE (in dollars per share) $ 0.51 $ 0.94 $ 0.99 $ 1.70
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.18 $ 0.18 $ 0.36 $ 0.36
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic (in shares) 11,405 11,400 11,405 11,400