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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, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 76,906 $ 79,069 $ 203,479 $ 214,836
Cost of sales 47,438 49,747 126,693 136,096
Gross earnings 29,468 29,322 76,786 78,740
Selling and administrative expenses 21,666 21,568 63,635 64,751
Earnings from operations 7,802 7,754 13,151 13,989
Interest income 193 190 572 584
Interest expense 0 (61) (7) (228)
Other expense, net (53) (311) (243) (850)
Earnings before provision for income taxes 7,942 7,572 13,473 13,495
Provision for income taxes 3,022 2,871 5,135 5,084
Net earnings 4,920 4,701 8,338 8,411
Net (losses) earnings attributable to noncontrolling interest (14) 101 (70) 124
Net earnings attributable to Weyco Group, Inc. $ 4,934 $ 4,600 $ 8,408 $ 8,287
Weighted average shares outstanding        
Basic (in shares) 10,160 10,461 10,299 10,556
Diluted (in shares) 10,218 10,516 10,360 10,605
Earnings per share        
Basic (in dollars per share) $ 0.49 $ 0.44 $ 0.82 $ 0.79
Diluted (in dollars per share) 0.48 0.44 0.81 0.78
Cash dividends declared (in dollars per share) $ 0.22 $ 0.21 $ 0.65 $ 0.62
Comprehensive income $ 5,452 $ 5,218 $ 10,251 $ 10,400
Comprehensive income attributable to noncontrolling interest 25 235 271 376
Comprehensive income attributable to Weyco Group, Inc. $ 5,427 $ 4,983 $ 9,980 $ 10,024