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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Revenues $ 36,625 $ 34,044 $ 108,069 $ 100,142
Cost of goods sold 18,587 17,003 55,234 51,757
Gross profit 18,038 17,041 52,835 48,385
Operating expenses:        
Selling 1,440 1,530 4,642 4,596
General and administrative 4,151 3,651 12,465 10,952
Research and development 1,221 1,147 3,545 3,229
Operating Expenses, Total 6,812 6,328 20,652 18,777
Operating income 11,226 10,713 32,183 29,608
Interest income 240 310 904 1,005
Other income, net 12 0 13 0
Nonoperating Income 252 310 917 1,005
Income before provision for income taxes 11,478 11,023 33,100 30,613
Provision for income taxes (3,793) (3,350) (11,332) (9,800)
Net income $ 7,685 $ 7,673 $ 21,768 $ 20,813
Net income per basic share $ 3.94 $ 3.82 $ 11.08 $ 10.33
Weighted average basic shares outstanding 1,949 2,007 1,964 2,014
Net income per diluted share $ 3.91 $ 3.81 $ 10.99 $ 10.31
Weighted average diluted shares outstanding 1,966 2,016 1,980 2,019
Dividends per common share $ 0.75 $ 0.64 $ 2.03 $ 1.76