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Investment in equity method investee (Tables)
6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Company's distribution and earnings and selected financial data from equity investment
The following reflects the Company's distribution and earnings in the equity investment (in thousands):

 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2020
2019
 
2020
2019
Distribution received from CP&P
$
(2,900
)
$

 
$
(4,500
)
$
(1,500
)
Share of earnings in CP&P
3,146

3,420

 
5,961

5,005

Amortization of excess fair value of investment
(18
)
(18
)
 
(36
)
(36
)
    
Selected financial data for CP&P on a 100% basis is as follows (in thousands):

 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2020
2019
 
2020
2019
Net sales
$
36,032

$
37,353

 
$
70,790

$
65,602

Gross profit
10,933

11,721

 
21,470

19,675

Income from operations
6,259

6,840

 
11,879

10,020

Net income
6,209

6,776

 
11,767

9,893