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Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends
12 Months Ended
Dec. 31, 2025
Quarterly Financial Information Disclosure [Abstract]  
Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends

Note 10 Unaudited: Quarterly Results of Operations, Common Stock Price and Dividends

The Company's Common Stock is listed on the New York Stock Exchange under the symbol BMI. Earnings per share are computed independently for each quarter. As such, the annual per share amount may not equal the sum of the quarterly amounts due to rounding. The Company currently anticipates continuing to pay cash dividends. Shareholders of record as of December 31, 2025 and 2024 totaled 549 and 562, respectively. Voting trusts and street name shareholders are counted as single shareholders for this purpose.

 

 

 

Quarter ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

 

(In thousands, except per share data)

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

222,211

 

 

$

238,095

 

 

$

235,651

 

 

$

220,706

 

Gross margin

 

 

95,437

 

 

 

97,810

 

 

 

95,836

 

 

 

92,987

 

Net earnings

 

 

38,398

 

 

 

34,584

 

 

 

35,077

 

 

 

33,575

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.31

 

 

$

1.18

 

 

$

1.19

 

 

$

1.14

 

Diluted

 

 

1.30

 

 

 

1.17

 

 

 

1.19

 

 

 

1.14

 

Dividends declared

 

 

0.34

 

 

 

0.34

 

 

 

0.40

 

 

 

0.40

 

Stock price:

 

 

 

 

 

 

 

 

 

 

 

 

High

 

$

221.51

 

 

$

254.17

 

 

$

245.81

 

 

$

187.87

 

Low

 

 

189.49

 

 

 

170.72

 

 

 

172.32

 

 

 

168.16

 

Quarter-end close

 

 

190.25

 

 

 

244.95

 

 

 

178.58

 

 

 

174.41

 

 

 

 

 

 

 

 

 

 

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

196,280

 

 

$

216,658

 

 

$

208,438

 

 

$

205,182

 

Gross margin

 

 

77,178

 

 

 

85,368

 

 

 

83,878

 

 

 

82,760

 

Net earnings

 

 

29,131

 

 

 

33,056

 

 

 

32,038

 

 

 

30,717

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.99

 

 

$

1.13

 

 

$

1.09

 

 

$

1.05

 

Diluted

 

 

0.99

 

 

 

1.12

 

 

 

1.08

 

 

 

1.04

 

Dividends declared

 

 

0.27

 

 

 

0.27

 

 

 

0.34

 

 

 

0.34

 

Stock price:

 

 

 

 

 

 

 

 

 

 

 

 

High

 

$

164.81

 

 

$

202.81

 

 

$

220.25

 

 

$

239.11

 

Low

 

 

139.50

 

 

 

151.18

 

 

 

181.00

 

 

 

193.00

 

Quarter-end close

 

 

161.81

 

 

 

186.35

 

 

 

218.41

 

 

 

212.12