XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 73,087,000 $ 60,987,000
Costs and expenses:    
Cost of goods sold 48,212,000 38,773,000
Selling and administrative expenses 21,182,000 17,429,000
Other periodic pension costs 96,000 214,000
Interest expense 277,000 184,000
69,767,000 56,600,000
Gain on sale of property, plant and equipment 1,018,000
Income before taxes on income 3,320,000 5,405,000
Income tax expense 870,000 1,570,000
Net income $ 2,450,000 $ 3,835,000
Weighted average number of shares outstanding during the period    
(Basic) (in shares) 14,821,659 14,350,721
(Diluted) (in shares) 15,457,629 14,929,695
Basic    
Net income, Basic (in dollars per share) $ 0.17 $ 0.27
Diluted    
Net income, Diluted (in dollars per share) $ 0.16 $ 0.26
Other comprehensive income, net of tax:    
Recognition of net losses included in net periodic pension costs $ 216,000 $ 176,000
Gain (loss) on cash flow hedging activities (140,000) 128,000
Foreign currency translation adjustment (52) (50)
Other comprehensive income 408,000 98,000
Comprehensive income $ 2,858,000 $ 3,933,000
Cash dividends per common share (in dollars per share) $ 0.095 $ 0.0875