XML 18 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CONDENSED CONSOLIDATED STATEMENTS OF INCOME    
NET SALES $ 169,912 $ 176,054
COSTS OF OPERATIONS 154,081 157,516
GROSS PROFIT 15,831 18,538
OPERATING EXPENSES:    
Selling, general and administrative expenses 11,051 10,974
NON-OPERATING (INCOME) EXPENSES:    
Interest expense, net 275 359
Other expense, net 276 91
Total expense, net 11,602 11,424
INCOME BEFORE INCOME TAXES 4,229 7,114
INCOME TAX PROVISION 1,051 1,683
NET INCOME $ 3,178 $ 5,431
Basic Income Per Share (in dollars per share) $ 0.28 $ 0.48
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.18 $ 0.18
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic (in shares) 11,410 11,405