XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 89,975 $ 82,447 $ 238,553 $ 224,645
Cost of sales 51,943 49,461 136,102 132,761
Gross profit 38,032 32,986 102,451 91,884
Operating expenses 31,570 28,286 84,175 77,429
Operating income 6,462 4,700 18,276 14,455
Interest expense, net 375 301 1,073 1,304
Income before provision for income taxes and loss on equity method investments 6,087 4,399 17,203 13,151
Income tax expense 1,954 1,378 5,015 3,672
Income before loss on equity method investments 4,133 3,021 12,188 9,479
Loss from equity method investments 115 180 226 309
Net income 4,018 2,841 11,962 9,170
Income (loss) attributable to non-controlling interest 71 36 (117) (253)
Net income attributable to American Vanguard $ 4,089 $ 2,877 $ 11,845 $ 8,917
Earnings per common share—basic $ 0.14 $ 0.10 $ 0.41 $ 0.31
Earnings per common share—assuming dilution $ 0.14 $ 0.10 $ 0.40 $ 0.30
Weighted average shares outstanding—basic 29,193 28,957 29,064 28,886
Weighted average shares outstanding—assuming dilution 29,783 29,496 29,648 29,385