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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenues $ 37,381 $ 36,625 $ 113,361 $ 108,069
Cost of goods sold 18,997 18,587 57,668 55,234
Gross profit 18,384 18,038 55,693 52,835
Operating expenses:        
Selling 1,322 1,440 4,525 4,642
General and administrative 3,926 4,151 12,196 12,465
Research and development 1,563 1,221 4,792 3,545
Operating Expenses, Total 6,811 6,812 21,513 20,652
Operating income 11,573 11,226 34,180 32,183
Interest income 131 240 636 904
Other income, net 0 12 0 13
Nonoperating Income 131 252 636 917
Income before provision for income taxes 11,704 11,478 34,816 33,100
Provision for income taxes (3,905) (3,793) (11,941) (11,332)
Net income $ 7,799 $ 7,685 $ 22,875 $ 21,768
Net income per basic share $ 4.25 $ 3.94 $ 12.34 $ 11.08
Weighted average basic shares outstanding 1,836 1,949 1,853 1,964
Net income per diluted share $ 4.19 $ 3.91 $ 12.19 $ 10.99
Weighted average diluted shares outstanding 1,860 1,966 1,876 1,980
Dividends per common share $ 0.9 $ 0.75 $ 2.4 $ 2.03