XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 266,814 $ 252,596 $ 210,317
Costs and expenses:      
Cost of goods sold 170,462 165,614 138,884
Selling and administrative expenses 71,816 66,396 52,018
Interest expense 802 688 519
243,080 232,698 191,421
Gain on sale of property, plant and equipment 1,048
Income before taxes on income 24,782 19,898 18,896
Income tax expense 9,760 5,260 5,830
Net income $ 15,022 $ 14,638 $ 13,066
Weighted average number of shares outstanding during the period      
(Basic) (in shares) 14,510,156 14,082,243 13,761,009
(Diluted) (in shares) 15,118,768 14,897,489 14,578,644
Basic      
Net earnings (in dollars per share) $ 1.04 $ 1.04 $ 0.95
Diluted      
Net earnings (in dollars per share) $ 0.99 $ 0.98 $ 0.90
Other comprehensive income (loss), net of tax:      
Recognition of net losses included in net periodic pension costs $ 652 $ 667 $ 499
Recognition of settlement loss included in net periodic pension costs 272 287 297
Current period loss (1,948) (764) (1,410)
(Loss) gain on cash flow hedging activities (111) 95 37
Foreign Currency Translation Adjustment:      
Reclassification of gain on foreign currency transactions included in net income (170)
Foreign currency translation adjustments 20 243
Other comprehensive (loss) income (1,115) 358 (577)
Comprehensive income $ 13,907 $ 14,996 $ 12,489
Cash dividends per common share (in dollars per share) $ 0.365 $ 0.34 $ 0.315