XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Condensed Consolidated Statements Of Operations        
Net sales $ 43,316 $ 36,995 $ 123,133 $ 108,585
Cost of goods sold 28,360 23,861 78,594 68,877
Gross profit 14,956 13,134 44,539 39,708
Selling, general and administrative expenses 12,832 11,408 36,023 32,679
Operating income 2,124 1,726 8,516 7,029
Non-operating items:        
Interest expense 173 478 742 1,491
Interest income (5) (9) (20) (28)
Interest expense, net 168 469 722 1,463
Other (income) expense, net (35) 40 2 52
Total other expense, net 133 509 724 1,515
Income before income tax expense 1,991 1,217 7,792 5,514
Income tax expense 412 158 1,737 977
Net income $ 1,579 $ 1,059 $ 6,055 $ 4,537
Basic earnings per share $ 0.47 $ 0.32 $ 1.81 $ 1.35
Diluted earnings per share $ 0.46 $ 0.30 $ 1.75 $ 1.32
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,340,000 3,352,000 3,343,000 3,352,000
Weighted average number of dilutive stock options outstanding 122,000 134,000 111,000 94,000
Denominator used for diluted per share computations 3,461,000 3,486,000 3,455,000 3,446,000
Dividends declared per share $ 0.12 $ 0.12 $ 0.36 $ 0.36