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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 62,526 $ 67,771 $ 119,830 $ 124,702
Costs and Expenses        
Cost of products sold 47,415 51,124 90,365 97,003
Selling, administrative and general expenses 10,063 9,769 20,764 20,052
Amortization 591 620 1,184 1,240
Operating Income 4,457 6,258 7,517 6,407
Interest expense (730) (1,580) (1,465) (2,955)
Other income 3 7 6 25
Income Before Income Taxes 3,730 4,685 6,058 3,477
Provision for Income Taxes 886 1,043 1,439 787
Net Income $ 2,844 $ 3,642 $ 4,619 $ 2,690
Basic earnings per share (in dollars per share) $ 0.21 $ 0.27 $ 0.33 $ 0.2
Diluted earnings per share (in dollars per share) 0.2 0.26 0.33 0.2
Dividends declared (in dollars per share) $ 0.15 $ 0.15 $ 0.3 $ 0.3