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Consolidated Statement of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net revenues $ 10,794 $ 9,900 $ 31,934 $ 30,091
Cost of revenues 5,626 5,144 16,499 15,765
Gross margin 5,168 4,756 15,435 14,326
Selling expense 1,462 1,255 4,318 3,972
Engineering and product development expense 894 945 2,704 2,866
General and administrative expense 1,528 1,469 4,681 4,548
Total operating expenses 3,884 3,669 11,703 11,386
Operating income 1,284 1,087 3,732 2,940
Other income (expense) (16) 27 1 31
Earnings before income tax expense 1,268 1,114 3,733 2,971
Income tax expense 431 24 1,253 586
Net earnings $ 837 $ 1,090 $ 2,480 $ 2,385
Net earnings per common share - basic (in Dollars per share) $ 0.08 $ 0.11 $ 0.24 $ 0.23
Weighted average common shares outstanding - basic (in Shares) 10,440,803 10,377,189 10,424,001 10,358,960
Net earnings per common share - diluted (in Dollars per share) $ 0.08 $ 0.10 $ 0.24 $ 0.23
Weighted average common shares and common share equivalents outstanding - diluted (in Shares) 10,477,814 10,404,095 10,461,075 10,383,970