XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statement of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net sales $ 229,360 $ 235,340 $ 696,960 $ 683,990
Cost of sales (177,660) (179,410) (538,540) (525,840)
Gross profit 51,700 55,930 158,420 158,150
Selling, general and administrative expenses (44,460) (32,290) (120,890) (104,410)
Net gain on dispositions of assets 1,040 120 1,040 70
Operating profit 8,280 23,760 38,570 53,810
Other expense, net:        
Interest expense (4,860) (3,950) (15,010) (11,620)
Other income (expense), net (30) (120) (310) (30)
Other expense, net (4,890) (4,070) (15,320) (11,650)
Income before income tax expense 3,390 19,690 23,250 42,160
Income tax expense (860) (3,200) (4,640) (9,740)
Net income $ 2,530 $ 16,490 $ 18,610 $ 32,420
Basic earnings per share        
Net income per share $ 0.06 $ 0.40 $ 0.46 $ 0.78
Weighted average common shares—basic 40,612,413 41,425,208 40,776,583 41,477,095
Diluted earnings per share        
Net income per share $ 0.06 $ 0.40 $ 0.45 $ 0.78
Weighted average common shares—diluted 40,946,571 41,673,381 41,089,208 41,706,867