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Consolidated Statement of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net sales $ 269,260 $ 229,360 $ 785,690 $ 696,960
Cost of sales (203,350) (177,660) (593,030) (538,540)
Gross profit 65,910 51,700 192,660 158,420
Selling, general and administrative expenses (41,140) (38,950) (124,250) (115,380)
Asbestos-related costs (8,030) (5,510) (8,030) (5,510)
Net gain (loss) on dispositions of assets (150) 1,040 5,120 1,040
Operating profit 16,590 8,280 65,500 38,570
Other expense, net:        
Interest expense (4,370) (4,860) (13,440) (15,010)
Other income (expense), net (100) (30) (430) (310)
Other expense, net (4,470) (4,890) (13,870) (15,320)
Income before income tax expense 12,120 3,390 51,630 23,250
Income tax expense (2,820) (860) (13,190) (4,640)
Net income $ 9,300 $ 2,530 $ 38,440 $ 18,610
Basic earnings per share        
Net income per share $ 0.23 $ 0.06 $ 0.95 $ 0.46
Weighted average common shares—basic 40,650,933 40,612,413 40,634,527 40,776,583
Diluted earnings per share        
Net income per share $ 0.23 $ 0.06 $ 0.94 $ 0.45
Weighted average common shares—diluted 41,113,322 40,946,571 41,004,160 41,089,208