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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Total net sales $ 154,276 $ 167,094 $ 505,678 $ 462,438
Total cost of sales 126,584 135,791 411,696 375,880
Gross profit 27,692 31,303 93,982 86,558
Selling and administrative expenses 22,264 21,662 67,036 65,488
Amortization expense 1,655 1,762 5,046 5,322
Interest expense - net 1,079 1,296 4,031 4,813
Other (income) expense - net (421) 157 (823) (320)
Total expenses 24,577 24,877 75,290 75,303
Income before income taxes 3,115 6,426 18,692 11,255
Income tax expense 51 18 2,374 1,271
Net income $ 3,064 $ 6,408 $ 16,318 $ 9,984
Basic earnings per common share (usd per share) $ 0.29 $ 0.62 $ 1.57 $ 0.96
Diluted earnings per common share (usd per share) $ 0.29 $ 0.61 $ 1.53 $ 0.95
Product        
Total net sales $ 119,256 $ 120,272 $ 392,566 $ 339,176
Total cost of sales 97,663 99,045 322,432 279,478
Service        
Total net sales 35,020 46,822 113,112 123,262
Total cost of sales $ 28,921 $ 36,746 $ 89,264 $ 96,402