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Condensed Consolidated Statements of Earnings (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
Condensed Consolidated Statements of Earnings (unaudited)        
Net sales $ 74,687 $ 61,458 $ 147,695 $ 121,361
Cost of sales 52,926 42,342 105,154 84,831
Gross margin 21,761 19,116 42,541 36,530
Selling expenses 4,151 3,647 8,289 7,473
Research and development expenses 733 670 1,609 1,538
General and administrative expenses 2,818 2,358 5,286 4,584
Operating Expenses 7,702 6,675 15,184 13,595
Earnings from operations 14,059 12,441 27,357 22,935
Interest income (69) (69) (140) (140)
Interest expense 22 18 40 40
Other, net (246) (59) (271) (177)
Earnings before income tax expense 14,352 12,551 27,728 23,212
Income tax expense 4,780 4,212 9,244 7,844
Net earnings $ 9,572 $ 8,339 $ 18,484 $ 15,368
Net earnings per common share - basic (in dollars per share) $ 0.34 $ 0.30 $ 0.65 $ 0.55
Net earnings per common share - diluted (in dollars per share) $ 0.32 $ 0.28 $ 0.61 $ 0.52