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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net sales:        
Sales Revenue, Goods, Net $ 65,225,000 $ 36,794,000 $ 124,937,000 $ 73,130,000
Contracts Revenue 3,376,000 10,574,000 6,710,000 10,984,000
Total net sales 68,601,000 47,368,000 131,647,000 84,114,000
Cost of Goods Sold 60,704,000 40,027,000 115,864,000 70,296,000
Gross margin 7,897,000 7,341,000 15,783,000 13,818,000
Selling, General and Administrative Expense 6,479,000 4,168,000 13,239,000 8,093,000
Operating Income (Loss) 1,418,000 3,173,000 2,544,000 5,725,000
Interest Expense 624,000 65,000 1,073,000 129,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) (12,000) (12,000) (24,000) (24,000)
Other Nonoperating Income (Expense) 612,000 53,000 1,049,000 105,000
Income before income taxes 806,000 3,120,000 1,495,000 5,620,000
Income Tax Expense (Benefit) 361,000 958,000 532,000 1,772,000
Net income $ 445,000 $ 2,162,000 $ 963,000 $ 3,848,000
Net income per common share:        
Earnings Per Share, Basic $ 0.06 $ 0.28 $ 0.12 $ 0.50
Earnings Per Share, Diluted $ 0.06 $ 0.28 $ 0.12 $ 0.50
Weighted average shares outstanding:        
Basic 7,743,000 7,687,000 7,727,000 7,669,000
Diluted 7,800,000 7,752,000 7,800,000 7,730,000