XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Consolidated Statements of Earnings [Abstract]      
Net sales $ 291,867 $ 255,071 $ 219,438
Cost of sales 205,866 177,034 152,480
Gross margin 86,001 78,037 66,958
Operating expenses:      
Selling expenses 16,284 15,608 14,350
Research and development expenses 2,890 3,190 3,298
General and administrative expenses 10,602 9,469 8,651
Total operating expenses 29,776 28,267 26,299
Earnings from operations 56,225 49,770 40,659
Other expenses (income):      
Interest income (184) (289) (107)
Interest expense 84 90 209
Other, net (413) (162) (45)
Earnings before income tax expense 56,738 50,131 40,602
Income tax expense 17,973 16,854 13,817
Net earnings $ 38,765 $ 33,277 $ 26,785
Net earnings per common share - basic (in dollars per share) $ 1.36 $ 1.19 $ 0.98
Net diluted earnings per common share - diluted (in dollars per share) $ 1.28 $ 1.12 $ 0.93