Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Data (Unaudited) [Abstract]

Quarterly Financial Information [Text Block]

QUARTERLY FINANCIAL DATA (Unaudited)

Summarized quarterly financial data for 2011 and 2010 is presented below. Seasonal influences affect the Company’s sales and profits, with peak business occurring in May through August.

(in thousands, except per share amounts)

	2011								2010
	First		Second		Third		Fourth		First		Second		Third		Fourth
Sales	$	140,715	$	160,824	$	155,057	$	146,997	$	131,153	$	138,069	$	136,673	$	132,653
Gross profit	31,901		37,391		37,223		28,569		28,135		28,681		32,390		27,708
Net income	5,667		8,914		10,056		7,433		3,993		4,870		8,150		4,104
Earnings per share
Diluted	$	0.47	$	0.74	$	0.84	$	0.62	$	0.34	$	0.41	$	0.68	$	0.34
Average shares
Diluted	11,980		11,966		11,947		11,973		11,833		11,882		11,906		11,952
Dividends per share	.06		.06		.06		.06		.06		.06		.06		.06
Market price of     common stock
High	$	29.27	$	28.87	$	25.05	$	29.20	$	20.36	$	27.00	$	25.41	$	28.19
Low	$	25.32	$	21.09	$	20.35	$	19.71	$	16.62	$	19.58	$	18.68	$	21.55

The sum of quarterly earnings per share may not equal total year earnings per share due to rounding of earnings per share amounts, and differences in weighted-average shares and equivalent shares outstanding for each of the periods presented.

The third quarter 2010 results include a tax credit of $0.9 million relating to prior years research and development expenses. The fourth quarter 2011 results include the following items: (1) a pretax charge of $1.9 million related to goodwill impairment (2) a $7.7 million gain on bargain purchase relating to Tenco and (3) restructuring cost of $0.9 million relating to a plant closure.