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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net sales $ 127,737 $ 89,466 $ 381,341 $ 268,288
Costs and expenses:        
Cost of goods sold 80,285 58,015 244,500 174,226
Selling and administrative expenses 34,917 25,260 98,704 78,008
Other periodic pension costs 212 476 830 1,282
Interest expense 239 1,085 1,732 3,514
Costs and Expenses, Excluding Gain on Sale of Property Plant and Equipment 115,653 84,836 345,766 257,030
Income before taxes on income 12,084 4,630 35,575 11,258
Income tax expense 2,140 709 7,090 2,180
Net income $ 9,944 $ 3,921 $ 28,485 $ 9,078
Net income per share:        
Net income per share, basic (in dollars per share) $ 0.66 $ 0.26 $ 1.89 $ 0.61
Net income per share, diluted (in dollars per share) $ 0.63 $ 0.26 $ 1.85 $ 0.59
Weighted average shares outstanding during the period:        
Weighted average number of shares outstanding during the period, basic (in shares) 15,084,300 14,947,552 15,041,738 14,942,565
Weighted average number of shares outstanding during the period, diluted (in shares) 15,711,122 15,266,850 15,361,035 15,272,287
Other comprehensive income (loss), net of tax:        
Recognition of net losses included in net periodic pension costs $ 232 $ 236 $ 712 $ 739
Recognition of settlement loss included in net periodic pension costs 62 213 314 459
Loss on cash flow hedging activities (5) (5) (16) (16)
Foreign currency translation adjustment (145) (316) (1,546) (295)
Other comprehensive income 144 128 (536) 887
Comprehensive income $ 10,088 $ 4,049 $ 27,949 $ 9,965
Cash dividends per common share (in dollars per share) $ 0.20 $ 0.10 $ 0.30 $ 0.30
Revenue from Contract with Customer, Excluding Assessed Tax, Total $ 127,737 $ 89,466 $ 381,341 $ 268,288