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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Condensed Consolidated Statements Of Operations        
Net sales $ 56,773 $ 44,847 $ 100,106 $ 88,372
Cost of goods sold 38,225 28,694 66,590 56,632
Gross profit 18,548 16,153 33,516 31,740
Selling, general and administrative expenses 14,572 12,364 28,169 24,983
Operating income 3,976 3,789 5,347 6,757
Non-operating items:        
Interest expense 428 226 737 452
Interest income (5) (3) (8) (9)
Interest expense, net 423 223 729 443
PPP loan forgiveness   (3,508)   (3,508)
Other expense (income), net 148 68 147 145
Total other expense (income), net 148 (3,440) 147 (3,363)
Income before income tax expense 3,405 7,006 4,471 9,677
Income tax expense (benefit) 667 (224) 903 400
Net income $ 2,738 $ 7,230 $ 3,568 $ 9,277
Basic earnings per share $ 0.78 $ 2.16 $ 1.01 $ 2.72
Diluted earnings per share $ 0.71 $ 1.82 $ 0.93 $ 2.34
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,521,000 3,347,000 3,521,000 3,410,000
Weighted average number of dilutive stock options outstanding 320,000 617,000 323,000 551,000
Denominator used for diluted per share computations 3,841,000 3,964,000 3,844,000 3,961,000
Dividends declared per share $ 0.14 $ 0.13 $ 0.27 $ 0.26