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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CONDENSED CONSOLIDATED STATEMENTS OF INCOME    
Net Sales $ 20,626 $ 20,973
Cost of Goods Sold 8,134 8,583
Gross Profit 12,492 12,390
Selling Expense 3,853 3,775
General and Administrative Expense 3,906 3,277
Engineering Expense 712 631
Operating Profit 4,021 4,707
Interest Income (Expense), Net 20 16
Other Income (Expense), Net (46) (46)
Income Before Income Taxes 3,995 4,677
Income Tax Expense 1,308 1,491
Net Income 2,687 3,186
Net (Income) Loss attributable to the Noncontrolling Interest, net of tax (44) (43)
Net Income attributable to Omega Flex, Inc. $ 2,643 $ 3,143
Basic and Diluted Earnings per Common Share $ 0.26 $ 0.31
Basic and Diluted Weighted-Average Shares Outstanding 10,092 10,092