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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Consolidated Statements of Income        
Sales $ 44,849 $ 39,645 $ 79,809 $ 68,967
Less excise taxes 3,353 2,406 6,016 4,276
Net sales 41,496 37,239 73,793 64,691
Cost of sales 28,038 26,841 51,107 47,446
Gross profit 13,458 10,398 22,686 17,245
Selling, general and administrative expenses 10,670 7,545 19,959 13,750
Operating income 2,788 2,853 2,727 3,495
Income from equity method investments 335 338 691 423
Gain on sale of Fulton Street Brewery, LLC 10,398 0 10,398 0
Interest expense (260) (409) (542) (808)
Interest and other income, net 7 75 20 128
Income before income taxes 13,268 2,857 13,294 3,238
Income tax provision 5,108 1,123 5,118 1,295
Net income $ 8,160 $ 1,734 $ 8,176 $ 1,943
Basic and diluted earnings per share $ 0.43 $ 0.10 $ 0.43 $ 0.11