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Interim Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales:        
Net sales $ 213,276 $ 211,489 $ 428,665 $ 422,460
Cost of sales 158,597 159,311 319,822 320,005
Gross profit 54,679 52,178 108,843 102,455
Selling, general and administrative expenses 34,522 34,137 68,585 68,125
Income from operations 20,157 18,041 40,258 34,330
Interest expense (1,500) (1,523) (2,827) (2,929)
Interest income 81 56 157 118
Other income (expense), net (665) 242 (873) (380)
Income before income taxes 18,073 16,816 36,715 31,139
Provision for income taxes 5,757 6,254 12,232 11,918
Net Income $ 12,316 $ 10,562 $ 24,483 $ 19,221
Net income per common share:        
Basic (in dollars per share) $ 1.07 $ 0.93 $ 2.13 $ 1.69
Diluted (in dollars per share) $ 1.05 $ 0.92 $ 2.10 $ 1.67
Average common shares:        
Basic (in shares) 11,547 11,422 11,509 11,405
Diluted (in shares) 11,671 11,550 11,646 11,529
Dividends declared (in dollars per share) $ 0.1000 $ 0.09000 $ 0.2000 $ 0.18000
Industrial        
Net sales:        
Net sales $ 117,342 $ 117,146 $ 243,158 $ 240,424
Income from operations 10,949 9,171 23,412 20,698
Agricultural        
Net sales:        
Net sales 54,221 51,845 105,998 100,507
Income from operations 5,811 6,048 10,627 8,807
European        
Net sales:        
Net sales 41,713 42,498 79,509 81,529
Income from operations $ 3,397 $ 2,822 $ 6,219 $ 4,825