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Consolidated Statement of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net revenues $ 10,485 $ 11,559 $ 19,132 $ 21,747
Cost of revenues 5,156 5,713 9,736 10,983
Gross margin 5,329 5,846 9,396 10,764
Operating expenses:        
Selling expense 1,471 1,592 2,806 3,079
Engineering and product development expense 982 1,047 1,973 1,989
General and administrative expense 2,145 1,569 3,790 3,376
Total operating expenses 4,598 4,208 8,569 8,444
Operating income 731 1,638 827 2,320
Other income 18 21 46 10
Earnings before income tax expense 749 1,659 873 2,330
Income tax expense 263 579 306 812
Net earnings $ 486 $ 1,080 $ 567 $ 1,518
Net earnings per common share - basic (in dollars per share) $ 0.05 $ 0.10 $ 0.05 $ 0.15
Weighted average common shares outstanding - basic (in shares) 10,295,836 10,471,888 10,342,919 10,468,651
Net earnings per common share - diluted (in dollars per share) $ 0.05 $ 0.10 $ 0.05 $ 0.14
Weighted average common shares and common share equivalents outstanding - diluted (in shares) 10,310,692 10,494,457 10,357,468 10,489,020