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

12 Months Ended

Dec. 31, 2021

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, 2021 and 2020 totaled 557 and 656, 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)
2021
Net sales	$	117,842	$	122,869	$	128,738	$	135,748
Gross margin		49,362		50,102		51,184		54,835
Net earnings		13,781		13,972		15,855		17,276
Earnings per share:
Basic	$	0.47	$	0.48	$	0.54	$	0.59
Diluted		0.47		0.48		0.54		0.59
Dividends declared		0.18		0.18		0.20		0.20
Stock price:
High	$	111.77	$	100.01	$	108.25	$	112.36
Low		88.98		89.29		93.88		99.13
Quarter-end close		93.07		98.12		101.14		105.64
2020
Net sales	$	108,508	$	91,119	$	113,587	$	112,329
Gross margin		43,322		35,850		45,023		44,055
Net earnings		11,854		9,534		14,861		13,094
Earnings per share:
Basic	$	0.41	$	0.33	$	0.51	$	0.45
Diluted		0.41		0.33		0.51		0.45
Dividends declared		0.17		0.17		0.18		0.18
Stock price:
High	$	70.83	$	68.01	$	68.25	$	96.00
Low		41.50		47.00		59.53		64.96
Quarter-end close		53.60		62.92		65.37		94.06