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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues $ 9,289 $ 10,787 $ 19,111 $ 21,722
Cost of revenues 5,120 5,615 10,534 11,195
Gross profit 4,169 5,172 8,577 10,527
Operating Expenses:        
General & administrative 1,355 1,457 3,270 3,308
Marketing & selling 1,088 1,301 2,217 2,540
Research & development 400 358 820 717
Total Operating Expenses 2,843 3,116 6,307 6,565
Operating income 1,326 2,056 2,270 3,962
Other income, net 22 24 48 56
Net income before provision for income taxes 1,348 2,080 2,318 4,018
Provision for income taxes 580 903 923 1,590
Net income 768 1,177 1,395 2,428
Other Comprehensive Income (Loss):        
Foreign currency translation 82 (1,154) 34 (1,165)
Total Comprehensive Income $ 850 $ 23 $ 1,429 $ 1,263
Basic net income per share (in dollars per share) $ 0.14 $ 0.21 $ 0.25 $ 0.44
Diluted net income per share (in dollars per share) 0.14 0.21 0.25 0.44
Dividends declared per share (in dollars per share) $ 0.18 $ 0.18 $ 0.36 $ 0.36
Weighted average common shares outstanding, basic (in shares) 5,514 5,502 5,510 5,497
Weighted average common shares outstanding, diluted (in shares) 5,523 5,554 5,535 5,552