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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net revenue $ 22,560,000 $ 18,268,000 $ 42,386,000 $ 34,200,000
Cost of sales 14,141,000 11,665,000 26,448,000 21,562,000
Gross profit 8,419,000 6,603,000 15,938,000 12,638,000
Selling, general and administrative expenses 6,452,000 5,556,000 12,548,000 10,783,000
Operating income 1,967,000 1,047,000 3,390,000 1,855,000
Other income (201,000) 0 (201,000) 0
Interest expense 201,000 88,000 393,000 177,000
Income before income taxes 1,967,000 959,000 3,198,000 1,678,000
Income tax expense 655,000 387,000 1,105,000 644,000
Net income $ 1,312,000 $ 572,000 $ 2,093,000 $ 1,034,000
Basic earnings per share (in dollars per share) $ 0.36 $ 0.15 $ 0.58 $ 0.28
Diluted earnings per share (in dollars per share) $ 0.35 $ 0.15 $ 0.56 $ 0.27
Weighted average common shares outstanding:        
Basic (in shares) 3,606,000 3,724,000 3,598,000 3,709,000
Diluted (in shares) 3,754,000 3,905,000 3,751,000 3,891,000
Net income $ 1,312,000 $ 572,000 $ 2,093,000 $ 1,034,000
Other comprehensive income - foreign currency translation adjustment 152,000 0 44,000 0
Total comprehensive income $ 1,464,000 $ 572,000 $ 2,137,000 $ 1,034,000