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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Condensed Consolidated Statements Of Operations        
Net sales $ 49,744 $ 47,923 $ 149,849 $ 136,295
Cost of goods sold 33,819 30,918 100,374 87,550
Gross profit 15,925 17,005 49,475 48,745
Selling, general and administrative expenses 14,972 14,044 43,176 39,028
Operating income 953 2,961 6,299 9,717
Non-operating items:        
Interest expense 722 230 1,459 682
Interest income (8) (2) (16) (11)
Interest expense, net 714 228 1,443 671
PPP loan forgiveness       (3,508)
Other expense, net 209 68 354 213
Total other expense (income), net 209 68 354 (3,295)
Income before income tax expense 30 2,665 4,502 12,341
Income tax (benefit) expense (34) 619 870 1,019
Net income $ 64 $ 2,046 $ 3,632 $ 11,322
Basic earnings per share $ 0.02 $ 0.58 $ 1.03 $ 3.28
Diluted earnings per share $ 0.02 $ 0.50 $ 0.96 $ 2.85
Weighted average number of common shares outstanding-denominator used for basic per share computations 3,530,000 3,542,000 3,525,000 3,449,000
Weighted average number of dilutive stock options outstanding 162,000 516,000 256,000 520,000
Denominator used for diluted per share computations 3,692,000 4,058,000 3,781,000 3,969,000
Dividends declared per share $ 0.14 $ 0.13 $ 0.41 $ 0.39