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CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales $ 79,069 $ 91,227 $ 214,836 $ 233,213
Cost of sales 49,747 58,617 136,096 147,443
Gross earnings 29,322 32,610 78,740 85,770
Selling and administrative expenses 21,992 23,474 66,023 67,516
Earnings from operations 7,330 9,136 12,717 18,254
Interest income 190 221 584 717
Interest expense (61) (67) (228) (97)
Other income (expense), net 113 (524) 422 (1,150)
Earnings before provision for income taxes 7,572 8,766 13,495 17,724
Provision for income taxes 2,871 3,389 5,084 6,670
Net earnings 4,701 5,377 8,411 11,054
Net earnings (losses) attributable to noncontrolling interest 101 (149) 124 (145)
Net earnings attributable to Weyco Group, Inc. $ 4,600 $ 5,526 $ 8,287 $ 11,199
Weighted average shares outstanding        
Basic (in shares) 10,461 10,793 10,556 10,788
Diluted (in shares) 10,516 10,884 10,605 10,881
Earnings per share        
Basic (in dollars per share) $ 0.44 $ 0.51 $ 0.79 $ 1.04
Diluted (in dollars per share) 0.44 0.51 0.78 1.03
Cash dividends declared (per share) $ 0.21 $ 0.2 $ 0.62 $ 0.59
Comprehensive income $ 5,218 $ 4,040 $ 10,400 $ 8,760
Comprehensive income (loss) attributable to noncontrolling interest 235 (562) 376 (846)
Comprehensive income attributable to Weyco Group, Inc. $ 4,983 $ 4,602 $ 10,024 $ 9,606