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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net sales $ 100,257 $ 99,233
Cost of products sold 77,360 75,318
Gross profit 22,897 23,915
Selling, general and administrative expenses 13,669 13,312
Operating income 9,228 10,603
Other income 94 331
Other expense (63) (21)
Income before income taxes 9,259 10,913
Income taxes 2,977 3,638
Net income $ 6,282 $ 7,275
Earnings per share (in dollars per share) $ 0.24 $ 0.28
Cash dividends per share (in dollars per share) $ 0.105 $ 0.10
Average number of shares outstanding (in shares) 26,083,623 26,260,543