XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales:        
Sales Revenue, Goods, Net $ 36,794,000 $ 36,813,000 $ 73,130,000 $ 79,343,000
Contracts Revenue 10,574,000 2,193,000 10,984,000 5,131,000
Total net sales 47,368,000 39,006,000 84,114,000 84,474,000
Total cost of sales 40,015,000 32,683,000 70,272,000 69,288,000
Gross margin 7,353,000 6,323,000 13,842,000 15,186,000
Total selling, general and administrative expense 4,168,000 4,016,000 8,093,000 8,437,000
Income before interest and taxes 3,185,000 2,307,000 5,749,000 6,749,000
Interest expense 65,000 74,000 129,000 166,000
Income before income taxes 3,120,000 2,233,000 5,620,000 6,583,000
Income tax expense 958,000 773,000 1,772,000 2,233,000
Net income $ 2,162,000 $ 1,460,000 $ 3,848,000 $ 4,350,000
Net income per common share:        
Basic (USD per share) $ 0.28 $ 0.19 $ 0.50 $ 0.57
Diluted (USD per share) $ 0.28 $ 0.19 $ 0.50 $ 0.57
Weighted average shares outstanding:        
Basic 7,687,000 7,617,000 7,669,000 7,602,000
Diluted 7,752,000 7,673,000 7,730,000 7,640,000