XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net sales $ 526,642 $ 573,076
Costs and expenses    
Cost of materials sold (excludes items shown separately below) 407,538 452,636
Warehouse and processing 32,893 30,649
Administrative and general 30,152 33,185
Distribution 16,758 17,741
Selling 11,536 10,397
Occupancy 4,493 4,544
Depreciation 6,006 5,077
Amortization 1,328 1,124
Total costs and expenses 510,704 555,353
Operating income 15,938 17,723
Other loss, net 19 11
Income before interest and income taxes 15,919 17,712
Interest and other expense on debt 4,010 4,223
Income before income taxes 11,909 13,489
Income tax provision 3,212 3,617
Net income 8,697 9,872
Loss on cash flow hedge (41) (405)
Tax effect on cash flow hedge 0 101
Total comprehensive income $ 8,656 $ 9,568
Earnings per share:    
Net income per share - basic (in dollars per share) $ 0.75 $ 0.85
Weighted average shares outstanding - basic (in shares) 11,663 11,570
Net income per share - diluted (in dollars per share) $ 0.75 $ 0.85
Weighted average shares outstanding - diluted (in shares) 11,663 11,571
Dividends declared per share of common stock (in dollars per share) $ 0.15 $ 0.125