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Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues $ 38,830 $ 28,167
Cost of sales 26,363 20,645
Gross profit 12,467 7,522
Operating expenses:    
Selling and marketing 1,039 1,117
General and administrative 2,035 1,386
Total operating expenses 3,074 2,503
Operating income 9,393 5,019
Interest expense, net 85 271
Income before income taxes 9,308 4,748
Income tax expense 3,574 1,804
Net income $ 5,734 $ 2,944
Net income per common share - Basic $ 0.14 $ 0.09
Net income per common share - Diluted $ 0.13 $ 0.09
Weighted average number of shares outstanding - Basic 41,507,941 32,888,659
Weighted average number of shares outstanding - Diluted 43,503,889 33,944,876