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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 379,389 $ 382,071 $ 406,150
Cost of products sold 280,644 290,046 313,570
Gross profit 98,745 92,025 92,580
Selling, general and administrative expenses 56,789 54,528 56,189
Impairment of goodwill and other intangible assets 4,098 1,800
Operating income 37,858 35,697 36,391
Other income, net 1,520 785 875
Income before income taxes 39,378 36,482 37,266
Income taxes 12,823 11,599 12,157
Net income $ 26,555 $ 24,883 $ 25,109
Earnings per share (in dollars per share) $ 1.02 $ 0.95 $ 0.96
Average number of shares outstanding (in shares) 26,100,865 26,087,721 26,192,072