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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jul. 01, 2012
Jun. 30, 2013
Jul. 01, 2012
NET SALES $ 159,576 $ 115,605 $ 301,696 $ 218,293
Cost of goods sold 134,416 97,766 254,100 184,020
GROSS PROFIT 25,160 17,839 47,596 34,273
Operating expenses:        
Warehouse and delivery 4,710 3,981 9,246 7,655
Selling, general and administrative 7,441 5,940 14,410 10,858
Amortization of intangible assets 521 334 1,040 650
Gain on sale of fixed assets (426) (3) (430) (3)
Total operating expenses 12,246 10,252 24,266 19,160
OPERATING INCOME 12,914 7,587 23,330 15,113
Stock warrants revaluation 0 134 0 1,804
Interest expense, net 522 790 1,074 1,635
Income before income taxes (credit) 12,392 6,663 22,256 11,674
Income taxes (credit) 4,835 (6,650) 8,680 (6,650)
NET INCOME $ 7,557 $ 13,313 $ 13,576 $ 18,324
BASIC NET INCOME PER COMMON SHARE (in Dollars per share) $ 0.70 $ 1.26 $ 1.26 $ 1.77
DILUTED NET INCOME PER COMMON SHARE (in Dollars per share) $ 0.70 $ 1.22 $ 1.25 $ 1.70
Weighted average shares outstanding - Basic (in Shares) 10,720 10,526 10,814 10,373
- Diluted (in Shares) 10,762 10,921 10,856 10,758