XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Net sales $ 103,175 $ 80,985
Cost of sales 71,589 60,010
Gross profit 31,586 20,975
Selling and administrative expenses 20,945 13,661
Acquisition and integration expenses 37 331
Amortization and earn-out expenses 4,797 4,004
Income from operations 5,807 2,979
Other income (expense), net 780 (1,736)
Interest expense (2,102) (960)
Income before income taxes 4,485 283
Income tax expense 1,430 85
Net income 3,055 198
Less net loss attributable to noncontrolling interest (45)  
Net income attributable to CECO Environmental Corp. $ 3,100 $ 198
Earnings per share:    
Basic $ 0.09 $ 0.01
Diluted $ 0.09 $ 0.01
Weighted average number of common shares outstanding:    
Basic 33,928,052 26,271,316
Diluted 34,116,534 26,660,595