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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income tax expense $ 1,360,000 $ 1,307,000 $ 2,930,000 $ 2,275,000
Net income $ 4,341,000 $ 3,308,000 $ 8,176,000 $ 5,750,000
Weighted average number of shares outstanding during the period        
(Basic) (in shares) 14,501,399 14,120,617 14,426,060 14,023,840
(Diluted) (in shares) 15,040,431 14,957,469 14,985,063 14,813,064
Basic        
Net income (in dollars per share) $ 0.30 $ 0.23 $ 0.57 $ 0.41
Diluted        
Net income (in dollars per share) $ 0.29 $ 0.22 $ 0.55 $ 0.39
Other comprehensive income, net of tax:        
Recognition of net losses included in net periodic pension costs $ 147,000 $ 171,000 $ 323,000 $ 342,000
Recognition of settlement loss included in net periodic pension costs 173,000 33,000 173,000 198,000
Gain (loss) on cash flow hedging activities (52,000) 21,000 (180,000) 6,000
Foreign currency translation adjustments (43,000) 173,000 7,000 294,000
Other comprehensive income 225,000 398,000 323,000 840,000
Comprehensive income $ 4,566,000 $ 3,706,000 $ 8,499,000 $ 6,590,000
Cash dividends per common share (in dollars per share) $ 0.0875 $ 0.0825 $ 0.175 $ 0.165
Net sales $ 65,604,000 $ 64,660,000 $ 126,591,000 $ 122,628,000
Costs and expenses:        
Cost of goods sold 42,230,000 42,897,000 81,003,000 80,844,000
Selling and administrative expenses 17,478,000 16,956,000 35,121,000 33,419,000
Interest expense 195,000 192,000 379,000 340,000
59,903,000 60,045,000 116,503,000 114,603,000
Gain on sale of property, plant and equipment     1,018,000
Income before taxes on income $ 5,701,000 $ 4,615,000 $ 11,106,000 $ 8,025,000