XML 28 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
Mar. 31, 2014
Mar. 31, 2013
Sales $ 100,299 $ 94,304
Cost of sales 78,595 72,925
Gross profit 21,704 21,379
Operating expenses:    
Salaries and commissions 8,123 7,967
Other operating expenses 6,492 6,281
Depreciation and amortization 741 745
Total operating expenses 15,356 14,993
Operating income 6,348 6,386
Interest expense 268 273
Income before income taxes 6,080 6,113
Income taxes 2,335 2,251
Net income $ 3,745 $ 3,862
Earnings per share:    
Basic $ 0.21 $ 0.22
Diluted $ 0.21 $ 0.22
Weighted average common shares outstanding:    
Basic 17,850,911 17,752,682
Diluted 17,944,010 17,845,442
Dividends declared per share $ 0.11 $ 0.09