XML 17 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statements of Consolidated Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 88,299 $ 89,046 $ 250,202 $ 262,705
Cost of products sold 59,444 62,887 170,252 185,342
GROSS PROFIT 28,855 26,159 79,950 77,363
Costs and expenses        
Selling 8,022 7,893 23,836 22,852
General and administrative 10,579 8,010 31,628 27,596
Research and engineering 3,433 3,745 10,778 11,320
Other operating (income) expense - net 196 4,425 (683) 8,410
Total costs and expenses 22,230 24,073 65,559 70,178
OPERATING INCOME 6,625 2,086 14,391 7,185
Other income (expense)        
Interest income 63 103 206 317
Interest expense (264) (141) (588) (423)
Other income (expense) - net 110 93 (46) (531)
Total other income (expense) (91) 55 (428) (637)
INCOME BEFORE INCOME TAXES 6,534 2,141 13,963 6,548
Income taxes 1,792 1,935 3,809 2,918
NET INCOME $ 4,742 $ 206 $ 10,154 $ 3,630
BASIC EARNINGS PER SHARE        
Net income $ 0.92 $ 0.04 $ 1.96 $ 0.67
DILUTED EARNINGS PER SHARE        
Net income 0.92 0.04 1.95 0.67
Cash dividends declared per share $ 0.20 $ 0.20 $ 0.60 $ 0.60
Weighted-average number of shares outstanding - basic 5,146 5,356 5,180 5,381
Weighted-average number of shares outstanding - diluted 5,169 5,372 5,200 5,397