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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net sales $ 130,787 $ 159,359 $ 271,634 $ 253,604
Costs and expenses:        
Cost of goods sold 83,629 103,421 175,433 164,215
Selling and administrative expenses 33,906 36,298 69,017 63,787
Other periodic pension costs 440 333 869 618
Pension plan termination charge 6,945 0 6,945 0
Interest expense 330 433 605 1,493
Costs and Expenses, Excluding Gain on Sale of Property Plant and Equipment 125,250 140,485 252,869 230,113
Income before taxes on income 5,537 18,874 18,765 23,491
Income tax expense 960 3,700 3,710 4,950
Net income $ 4,577 $ 15,174 $ 15,055 $ 18,541
Net income per share:        
Net income per share, basic (in dollars per share) $ 0.30 $ 1.01 $ 0.98 $ 1.23
Net income per share, diluted (in dollars per share) $ 0.28 $ 1.00 $ 0.94 $ 1.22
Weighted average shares outstanding during the period:        
Weighted average number of shares outstanding during the period, basic (in shares) 15,433,412 15,016,062 15,327,374 15,020,457
Weighted average number of shares outstanding during the period, diluted (in shares) 16,087,736 15,171,086 16,039,605 15,185,992
Other comprehensive income (loss), net of tax:        
Recognition of net losses included in net periodic pension costs $ 391 $ 237 $ 1,105 $ 480
Recognition of settlement loss included in net periodic pension costs 0 147 0 252
Recognition of net losses included in pension plan termination charges 5,230 0 5,230 0
Loss on cash flow hedging activities (6) (6) (11) (11)
Foreign currency translation adjustment 1,033 (162) 386 (1,401)
Other comprehensive income 6,648 216 6,710 (680)
Comprehensive income $ 11,225 $ 15,390 $ 21,765 $ 17,861
Cash dividends per common share (in dollars per share) $ 0.12 $ 0 $ 0.22 $ 0.10
Net sales $ 130,787 $ 159,359 $ 271,634 $ 253,604