XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidated Statements of Income        
Net sales $ 34,025 $ 35,832 $ 68,634 $ 69,529
Cost of sales 24,549 25,113 50,050 49,908
Gross profit 9,476 10,719 18,584 19,621
Selling, general & administrative expenses 6,466 6,075 12,290 12,021
Restructuring Costs 234   324  
(Gain) loss on sales of fixed assets (12) 11 (12) 11
Operating income 2,788 4,633 5,982 7,589
Interest expense, net (27) (45) (48) (85)
Other income, net 100   100  
Income before income tax expense 2,861 4,588 6,034 7,504
Income tax expense 1,001 1,606 2,112 2,492
Net income $ 1,860 $ 2,982 $ 3,922 $ 5,012
Net income per share:        
Basic (in dollars per share) $ 0.27 $ 0.44 $ 0.56 $ 0.74
Diluted (in dollars per share) $ 0.26 $ 0.42 $ 0.55 $ 0.71
Weighted average common shares outstanding:        
Basic (in shares) 7,025 6,798 6,999 6,783
Diluted (in shares) 7,168 7,090 7,160 7,089