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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net revenue $ 21,678,000 $ 22,932,000 $ 64,064,000 $ 57,132,000
Cost of sales 13,813,000 14,904,000 40,261,000 36,466,000
Gross profit 7,865,000 8,028,000 23,803,000 20,666,000
Selling, general and administrative expenses 5,962,000 6,438,000 18,510,000 17,221,000
Operating income 1,903,000 1,590,000 5,293,000 3,445,000
Other expense (income) 75,000 0 (126,000) 0
Interest expense 173,000 158,000 566,000 335,000
Income before income taxes 1,655,000 1,432,000 4,853,000 3,110,000
Income tax expense 605,000 616,000 1,710,000 1,260,000
Net income $ 1,050,000 $ 816,000 $ 3,143,000 $ 1,850,000
Basic earnings per share (in dollars per share) $ 0.29 $ 0.22 $ 0.87 $ 0.50
Diluted earnings per share (in dollars per share) $ 0.28 $ 0.20 $ 0.84 $ 0.47
Weighted average common shares outstanding:        
Basic (in shares) 3,616,000 3,792,000 3,604,000 3,737,000
Diluted (in shares) 3,792,000 3,968,000 3,764,000 3,917,000
Net income $ 1,050,000 $ 816,000 $ 3,143,000 $ 1,850,000
Other comprehensive loss- foreign currency translation adjustment (99,000) (63,000) (55,000) (63,000)
Total comprehensive income $ 951,000 $ 753,000 $ 3,088,000 $ 1,787,000