XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sales $ 95,214 $ 96,113 $ 288,850 $ 288,657
Cost of sales 74,292 74,501 224,824 223,655
Gross profit 20,922 21,612 64,026 65,002
Operating expenses:        
Salaries and commissions 7,636 7,478 23,388 22,402
Other operating expenses 6,539 6,256 19,135 18,918
Depreciation and amortization 741 722 2,244 2,194
Impairment of Goodwill 7,562 0 7,562 0
Total operating expenses 22,478 14,456 52,329 43,514
Operating (loss) income (1,556) 7,156 11,697 21,488
Interest expense 228 334 753 929
Income (loss) before income taxes (1,784) 6,822 10,944 20,559
Income taxes 1,378 2,590 6,191 7,890
Net income (loss) $ (3,162) $ 4,232 $ 4,753 $ 12,669
Earnings per share:        
Basic $ (0.18) $ 0.24 $ 0.27 $ 0.71
Diluted $ (0.18) $ 0.24 $ 0.27 $ 0.71
Weighted average common shares outstanding:        
Basic 17,830,813 17,732,715 17,794,803 17,719,005
Diluted 17,830,813 17,814,499 17,891,942 17,811,844
Dividend declared per share $ 0.11 $ 0.09 $ 0.31 $ 0.27