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Consolidated Income Statements (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues $ 22,251 $ 14,712 $ 37,105 $ 28,530
Cost of sales 12,014 12,005 20,900 22,121
Gross Profit 10,237 2,707 16,205 6,409
Operating expenses:        
Selling and marketing 673 455 1,354 1,098
General and administrative 1,095 723 2,164 1,792
Total operating expenses 1,768 1,178 3,518 2,890
Operating income 8,469 1,529 12,687 3,519
Other income (expense):        
Interest expense (187) (274) (358) (517)
Interest income 1 4 1 12
Total other income (expense) (186) (270) (357) (505)
Income before income taxes 8,283 1,259 12,330 3,014
Income tax expense 3,148 478 4,686 1,145
Net income $ 5,135 $ 781 $ 7,644 $ 1,869
Net income per common share - Basic $ 0.22 $ 0.03 $ 0.32 $ 0.08
Net income per common share - Diluted $ 0.20 $ 0.03 $ 0.29 $ 0.07
Weighted average number of shares outstanding - Basic 23,841,996 23,780,606 23,813,776 23,780,606
Weighted average number of shares outstanding - diluted 26,177,960 24,989,119 26,149,740 25,082,275