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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
Net sales $ 87,132 $ 71,745 $ 152,768 $ 135,595
Cost of sales 65,389 57,069 114,908 108,427
Gross profit 21,743 14,676 37,860 27,168
Selling and general expenses 6,360 6,039 13,154 12,483
Intangibles amortization 54 0 114 0
Operating profit 15,329 8,637 24,592 14,685
Other income 953 1,638 2,220 3,270
Earnings from continuing operations before provision for income taxes 16,282 10,275 26,812 17,955
Provision for income taxes from continuing operations 3,625 2,122 5,933 3,851
Earnings from continuing operations 12,657 8,153 20,879 14,104
Earnings from discontinued operations, net of tax 0 3 0 3
Net earnings $ 12,657 $ 8,156 $ 20,879 $ 14,107
Weighted average shares outstanding:        
Basic and diluted (in shares) 7,039 7,019 7,034 7,016
Net Earnings per share, basic and diluted:        
From continuing operations (in dollars per share) $ 1.80 $ 1.16 $ 2.97 $ 2.01
From discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Net earnings per share (in dollars per share) $ 1.80 $ 1.16 $ 2.97 $ 2.01
Comprehensive income:        
Net earnings $ 12,657 $ 8,156 $ 20,879 $ 14,107
Other comprehensive income, net of tax:        
Unrealized gain on available-for-sale securities 65 89 158 158
Comprehensive income $ 12,722 $ 8,245 $ 21,037 $ 14,265
Cash dividends declared and paid per common share (in dollars per share) $ 0.00 $ 0.00 $ 6.00 $ 6.00