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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net Sales $ 31,293 $ 30,863
Cost of Goods Sold 12,178 11,304
Gross Profit 19,115 19,559
Selling Expense 5,783 4,821
General and Administrative Expense 4,750 5,418
Engineering Expense 1,216 1,001
Operating Profit 7,366 8,319
Interest Income 9 9
Other (Loss) Income (26) 18
Income Before Income Taxes 7,349 8,346
Income Tax Expense 1,879 2,049
Net Income 5,470 6,297
Less: Net Income attributable to the Noncontrolling Interest (19) (30)
Net Income attributable to Omega Flex, Inc. $ 5,451 $ 6,267
Basic and Diluted Earnings per Common Share $ 0.54 $ 0.62
Cash Dividends Declared per Common Share $ 0.30 $ 0.28
Basic and Diluted Weighted-Average Shares Outstanding 10,094 10,094