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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net revenues $ 12,343 $ 11,218 $ 21,140 $ 20,191
Cost of revenues 6,261 5,753 10,873 10,621
Gross margin 6,082 5,465 10,267 9,570
Selling expense 1,530 1,528 2,856 2,717
Engineering and product development expense 887 925 1,810 1,921
General and administrative expense 1,621 1,523 3,153 3,079
Total operating expenses 4,038 3,976 7,819 7,717
Operating income 2,044 1,489 2,448 1,853
Other income (expense) 10 (2) 17 4
Earnings before income tax expense 2,054 1,487 2,465 1,857
Income tax expense 697 484 822 562
Net earnings $ 1,357 $ 1,003 $ 1,643 $ 1,295
Net earnings per common share - basic (in Dollars per share) $ 0.13 $ 0.10 $ 0.16 $ 0.13
Weighted average common shares outstanding - basic (in Shares) 10,436,730 10,371,716 10,415,461 10,349,695
Net earnings per common share - diluted (in Dollars per share) $ 0.13 $ 0.10 $ 0.16 $ 0.13
Weighted average common shares and common share equivalents outstanding - diluted (in Shares) 10,456,183 10,394,094 10,452,567 10,380,279