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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Condensed Consolidated Statements Of Operations        
Net sales $ 40,220 $ 39,751 $ 71,590 $ 71,460
Cost of goods sold 25,449 25,039 45,016 44,624
Gross profit 14,771 14,712 26,574 26,836
Selling, general and administrative expenses 11,003 11,087 21,271 21,846
Operating income 3,768 3,625 5,303 4,990
Non-operating items:        
Interest expense 502 452 1,013 864
Interest income (11) (7) (19) (14)
Interest expense, net 491 445 994 850
Other expense, net 14 74 12 61
Total other expense, net 505 519 1,006 911
Income before income tax expense 3,263 3,106 4,297 4,079
Income tax expense 592 670 819 879
Net income $ 2,671 $ 2,436 $ 3,478 $ 3,200
Basic earnings per share $ .80 $ .72 $ 1.04 $ .95
Diluted earnings per share $ .77 $ .67 $ 1.01 $ .88
Weighted average number of common shares outstanding - denominator used for basic per share computations 3,351,000 3,374,000 3,351,000 3,374,000
Weighted average number of dilutive stock options outstanding 134,000 250,000 78,000 268,000
Denominator used for diluted per share computations 3,485,000 3,624,000 3,429,000 3,642,000
Dividends declared per share $ .12 $ .11 $ .24 $ .22