XML 34 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 398,179 $ 414,334 $ 379,389
Cost of products sold 295,504 304,413 278,181
Gross profit 102,675 109,921 101,208
Selling, general and administrative expenses 58,835 59,282 55,474
Impairment of goodwill and other intangible assets 4,098
Operating income 43,840 50,639 41,636
Other (expense) income, net 1,326 (323) (2,258)
Income before income taxes 45,166 50,316 39,378
Income taxes 9,351 10,337 12,823
Net income $ 35,815 $ 39,979 $ 26,555
Earnings per share (in dollars per share) $ 1.37 $ 1.53 $ 1.02
Average number of shares outstanding (in shares) 26,127,168 26,112,138 26,100,865