XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 77,905 $ 72,724 $ 148,578 $ 142,198
Cost of sales 43,570 41,329 84,159 83,300
Gross profit 34,335 31,395 64,419 58,898
Operating expenses 27,654 26,270 52,605 49,143
Operating income 6,681 5,125 11,814 9,755
Interest expense, net 400 462 698 1,003
Income before provision for income taxes and loss on equity method investment 6,281 4,663 11,116 8,752
Income tax expense 1,681 1,234 3,061 2,294
Income before loss on equity method investment 4,600 3,429 8,055 6,458
Loss from equity method investment 69 47 111 129
Net income 4,531 3,382 7,944 6,329
Income attributable to non-controlling interest (227) (136) (188) (289)
Net income attributable to American Vanguard $ 4,304 $ 3,246 $ 7,756 $ 6,040
Earnings per common share—basic $ 0.15 $ 0.11 $ 0.27 $ 0.21
Earnings per common share—assuming dilution $ 0.15 $ 0.11 $ 0.26 $ 0.21
Weighted average shares outstanding—basic 29,050 28,893 28,999 28,851
Weighted average shares outstanding—assuming dilution 29,605 29,377 29,561 29,342