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Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 253,631 $ 336,866 $ 556,425 $ 651,573
Cost of goods sold 217,132 290,956 474,153 564,337
Gross profit 36,499 45,910 82,272 87,236
Selling, general, and administrative expenses 20,755 23,846 43,044 48,844
Operating income 15,744 22,064 39,228 38,392
Net interest and other income 267 1,082 1,151 2,160
Income before income taxes 16,011 23,146 40,379 40,552
Provision for income taxes 3,664 5,364 9,424 9,359
Net income $ 12,347 $ 17,782 $ 30,955 $ 31,193
Earnings per common and common equivalent share - basic (in usd per share) $ 0.60 $ 0.85 $ 1.50 $ 1.49
Earnings per common and common equivalent share - diluted (in usd per share) $ 0.60 $ 0.85 $ 1.50 $ 1.49
Weighted average common and common equivalent shares outstanding - basic (in shares) 20,496 20,898 20,646 20,891
Weighted average common and common equivalent shares outstanding - diluted (in shares) 20,537 20,988 20,696 20,985
Cash dividends declared per share (in usd per share) $ 0.02 $ 0.02 $ 0.04 $ 0.04