XML 17 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 383,977 $ 358,632 $ 356,322
Cost of sales 265,897 249,951 248,059
Gross profit 118,080 108,681 108,263
Selling, general and administrative expenses 38,506 37,438 40,562
Gain on disposal of assets (20) (59) (305)
Income from operations 79,594 71,302 68,006
Interest income, net 292 161 276
Other income (expense), net 105 (124) (36)
Income before taxes 79,991 71,339 68,246
Income tax provision 26,615 25,611 24,088
Net income $ 53,376 $ 45,728 $ 44,158
Earnings per share:      
Basic (usd per share) $ 1.01 $ 0.85 $ 0.81
Diluted (usd per share) 1.00 0.84 0.80
Cash dividends declared per common share $ 0.24 $ 0.22 $ 0.18
Weighted average shares outstanding:      
Basic 52,924,398 54,045,841 54,809,319
Diluted 53,449,754 54,481,484 55,369,016