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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net Sales $ 112,937 $ 113,668 $ 321,607 $ 301,072
Gross profit 32,763 35,658 75,738 92,322
Selling, general and administrative expenses 13,190 13,034 36,495 35,535
(Gain) loss on disposal of assets 2 (1) (9) 46
Income from operations 19,571 22,625 39,252 56,741
Interest income, net 36 84 171 215
Other (expense) income, net 5 41 11 86
Income before taxes 19,612 22,750 39,434 57,042
Income tax provision 5,527 8,033 9,398 18,314
Net income $ 14,085 $ 14,717 $ 30,036 $ 38,728
Earnings per share:        
Basic (usd per share) $ 0.27 $ 0.28 $ 0.57 $ 0.74
Diluted (usd per share) 0.27 0.28 0.57 0.73
Cash dividends declared per common share: $ 0 $ 0 $ 0.16 $ 0.13
Weighted average shares outstanding:        
Basic (in shares) 52,238,796 52,566,619 52,315,719 52,586,429
Diluted (in shares) 52,627,541 53,014,269 52,715,390 53,103,408
Product        
Net Sales $ 112,937 $ 113,668 $ 321,607 $ 301,072
Cost of sales $ 80,174 $ 78,010 $ 245,869 $ 208,750