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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net sales $ 125,226 [1] $ 99,029 [1]
Cost of sales 99,027 77,664
Gross profit 26,199 21,365
Selling, product development and administrative expenses 18,573 14,848
Operating income 7,626 [1] 6,517 [1]
Interest expense 212 78
Other expense, net 55 42
Income before income taxes 7,359 6,397
Income tax expense 3,643 1,905
Net income $ 3,716 $ 4,492
Earnings per share:    
Basic $ 0.22 $ 0.27
Diluted $ 0.22 $ 0.26
Weighted average number of common shares outstanding:    
Basic 16,542 16,752
Diluted 16,852 17,036
[1] Industrial Filtration segment reports results for the period following the date of acquisition of February 20, 2014 through March 31, 2014.