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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net revenues $ 18,871 $ 14,180
Cost of revenues 9,476 6,452
Gross margin 9,395 7,728
Operating expenses:    
Selling expense 2,476 1,668
Engineering and product development expense 1,296 935
General and administrative expense 2,990 1,994
Adjustment to contingent consideration liability 1,726
Total operating expenses 8,488 4,597
Operating income 907 3,131
Other income 75 41
Earnings before income tax expense 982 3,172
Income tax expense 601 1,094
Net earnings $ 381 $ 2,078
Net earnings per common share - basic (in dollars per share) $ 0.04 $ 0.20
Weighted average common shares outstanding - basic (in shares) 10,326,309 10,264,565
Net earnings per common share - diluted (in dollars per share) $ 0.04 $ 0.20
Weighted average common shares and common share equivalents outstanding - diluted (in shares) 10,365,306 10,295,337