XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales $ 207,902 $ 214,051 $ 390,709 $ 401,416
Freight billed to customers 662 735 1,280 1,341
Total revenues 208,564 214,786 391,989 402,757
Cost of sales 158,153 157,896 301,604 303,372
Gross profit 50,411 56,890 90,385 99,385
Selling, general and administrative expenses 30,673 36,390 64,808 70,789
Income from operations 19,738 20,500 25,577 28,596
Other income 802 846 787 1,673
Earnings before interest and income taxes 20,540 21,346 26,364 30,269
Interest expense 5,154 4,538 10,398 9,061
Income before income taxes 15,386 16,808 15,966 21,208
Provision for income taxes 6,691 2,414 6,553 3,702
Net income $ 8,695 $ 14,394 $ 9,413 $ 17,506
Net income per share:        
Basic $ 0.40 $ 0.66 $ 0.43 $ 0.80
Diluted 0.40 0.65 0.43 0.78
Dividends declared per share $ 0.115 $ 0.11 $ 0.23 $ 0.22