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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements Of Income [Abstract]      
Net sales $ 901,123 [1] $ 681,166 [1] $ 572,755 [1]
Cost of sales 732,464 541,445 446,585
Gross profit 168,659 139,721 126,170
Selling, general and administrative expenses 109,071 91,173 80,742
Executive succession 1,456    
Operating profit 58,132 [2],[3] 48,548 [2],[3] 45,428 [2],[3]
Interest expense, net 330 292 218
Income before income taxes 57,802 48,256 45,210
Provision for income taxes 20,462 18,197 17,176
Net income $ 37,340 $ 30,059 $ 28,034
Net income per common share:      
Basic $ 1.66 $ 1.35 $ 1.27
Diluted $ 1.64 $ 1.34 $ 1.26
Weighted average common shares outstanding:      
Basic 22,558 22,267 22,123
Diluted 22,828 22,444 22,266
[1] Thor Industries, Inc., a customer of the RV Segment, accounted for 34 percent, 36 percent and 41 percent of the Company's consolidated net sales for the years ended December 31, 2012, 2011 and 2010, respectively. Berkshire Hathaway Inc. (through its subsidiaries Forest River, Inc. and Clayton Homes, Inc.), a customer of both segments, accounted for 27 percent, 27 percent and 26 percent of the Company's consolidated net sales for the years ended December 31, 2012, 2011 and 2010, respectively. No other customer accounted for more than 10 percent of consolidated net sales in the years ended December 31, 2012, 2011 and 2010.
[2] Certain general and administrative expenses of Lippert and Kinro are allocated between the segments based upon net sales or operating profit, depending upon the nature of the expense.
[3] Corporate and Other was comprised of the following for the years ended December 31, (in thousands): 2012 2011 2010 Corporate expenses $ (8,508 ) $ (7,483 ) $ (7,990 ) Executive succession (1,456 ) - - Accretion related to contingent consideration (1,756 ) (1,886 ) (1,582 ) Other non-segment items 1,397 222 1,022 Total Corporate and Other $ (10,323 ) $ (9,147 ) $ (8,550 )