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Consolidated Income Statements (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues $ 14,712 $ 16,053 $ 28,530 $ 25,137
Cost of sales 12,005 12,356 22,121 20,263
Gross Profit 2,707 3,697 6,409 4,874
Operating expenses:        
Selling and marketing 455 499 1,098 1,004
General and administrative 723 757 1,792 1,592
Total operating expenses 1,178 1,256 2,890 2,596
Operating income 1,529 2,441 3,519 2,278
Other income (expense):        
Interest expense (274) (301) (517) (573)
Interest income 4   12  
Total other income (expense) (270) (301) (505) (573)
Income before income taxes 1,259 2,140 3,014 1,705
Income tax expense 478 813 1,145 648
Net income $ 781 $ 1,327 $ 1,869 $ 1,057
Net income per common share - Basic $ 0.03 $ 0.06 $ 0.08 $ 0.05
Net income per common share - Diluted $ 0.03 $ 0.06 $ 0.07 $ 0.05
Weighted average number of shares outstanding - Basic 23,780,606 20,986,339 23,780,606 20,966,939
Weighted average number of shares outstanding - Diluted 24,989,119 22,573,109 25,082,275 22,553,709