XML 60 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales $ 25,388 $ 24,615
Cost of goods sold 18,624 17,567
Depreciation expense 767 745
Total cost of goods sold 19,391 18,312
Gross profit 5,997 6,303
Selling expense 2,575 3,139
General and administrative expense 3,145 3,492
Amortization expense 39 73
Total operating expenses 5,759 6,704
Income (loss) from operations 238 (401)
Other income (expense):    
Interest expense (39) (69)
Gain on sale of property and equipment 5 25
Other income, net (3) 3
Total other income (expense) (37) (41)
Income (loss) before provision for income taxes 201 (442)
Provision (benefit) for income taxes 55 (54)
Net income (loss) $ 146 $ (388)
Earnings (loss) per common share - Basic $ 0.01 $ (0.02)
Earnings (loss) per common share - Dilited $ 0.01 $ (0.02)
Weighted average number of shares outstanding - Basic 15,623 15,767
Weighted average number of shares outstanding - Diluted 15,737 15,767