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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net sales $ 89,027 $ 91,671
Cost of products sold 65,985 68,223
Gross profit 23,042 23,448
Selling, general and administrative expenses 14,069 14,871
Operating income 8,973 8,577
Other income (expense), net 345 (1,687)
Income before income taxes 9,318 6,890
Income taxes 1,889 1,404
Net income $ 7,429 $ 5,486
Earnings per share (in dollars per share) $ 0.28 $ 0.21
Cash dividends per share (in dollars per share) $ 0.155 $ 0.145
Average number of shares outstanding (in shares) 26,108,810 26,074,620