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CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME |  |  |  |
Net sales | $ 16,646 | $ 60,476 | $ 80,230 | $ 134,604
Cost of sales | 9,155 | 36,073 | 49,562 | 81,437
Gross earnings | 7,491 | 24,403 | 30,668 | 53,167
Selling and administrative expenses | 20,504 | 22,539 | 42,340 | 46,157
Earnings (loss) from operations | (13,013) | 1,864 | (11,672) | 7,010
Interest income | 138 | 230 | 287 | 453
Interest expense | (2) | (34) | (53) | (66)
Other (expense) income, net | (252) | (128) | 155 | (253)
Earnings (loss) before provision for income taxes | (13,129) | 1,932 | (11,283) | 7,144
Provision(benefit) for income taxes | (4,246) | 418 | (3,562) | 1,662
Net earnings (loss) | $ (8,883) | $ 1,514 | $ (7,721) | $ 5,482
Basic weighted average shares outstanding (in shares) | 9,745 | 9,938 | 9,763 | 9,943
Diluted weighted average shares outstanding (in shares) | 9,745 | 10,033 | 9,763 | 10,030
Basic earnings (loss) per share (in dollars per share) | $ (0.91) | $ 0.15 | $ (0.79) | $ 0.55
Diluted earnings (loss) per share (in dollars per share) | (0.91) | 0.15 | (0.79) | 0.55
Cash dividends declared (per share) | $ 0.24 | $ 0.24 | $ 0.48 | $ 0.47
Comprehensive income (loss) | $ (7,149) | $ 1,737 | $ (8,407) | $ 5,943

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