XML 19 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Net sales $ 49,796 $ 33,102 $ 128,590 $ 100,720
Cost of sales 35,242 22,574 88,555 69,461
Gross profit 14,554 10,528 40,035 31,259
Selling and administrative 9,346 6,197 24,038 18,724
Acquisition and integration expenses 4,047   6,618  
Amortization and earn out expenses 2,017 80 3,590 252
Legal reserves 2,500   2,500  
(Loss) income from operations (3,356) 4,251 3,289 12,283
Other income (expense), net 92 (69) 164 (133)
Interest expense (including related party interest of $0 and $60, and $0 and $178, respectively) (456) (291) (707) (828)
(Loss) income before income taxes (3,720) 3,891 2,746 11,322
Income tax (benefit) expense (2,259) 623 (1,044) 3,524
Net (loss) income $ (1,461) $ 3,268 $ 3,790 $ 7,798
(Loss) earnings per share:        
Basic $ (0.07) $ 0.22 $ 0.21 $ 0.53
Diluted $ (0.07) $ 0.19 $ 0.20 $ 0.47
Weighted average number of common shares outstanding:        
Basic 19,965,010 14,630,264 18,275,085 14,591,325
Diluted 19,965,010 17,258,552 18,881,927 17,199,337