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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net sales $ 102,167 $ 89,027
Cost of products sold 76,670 65,985
Gross profit 25,497 23,042
Selling, general and administrative expenses 16,039 14,069
Operating income 9,458 8,973
Other income (expense), net 90 345
Income before income taxes 9,548 9,318
Income taxes 2,005 1,889
Net income $ 7,543 $ 7,429
Earnings per share (in dollars per share) $ 0.29 $ 0.28
Cash dividends per share (in dollars per share) $ 0.170 $ 0.155
Average number of shares outstanding (in shares) 26,090,963 26,108,810