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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Net sales$ 124,663$ 124,918$ 306,807$ 300,543
Cost of sales80,42478,762195,132185,656
Distribution expenses10,35211,31230,59831,042
Selling, general and administrative expenses23,58924,61566,45168,567
Income from operations10,29810,22914,62615,278
Interest expense (Note D)(1,789)(2,090)(5,807)(7,163)
Loss on early retirement of debt (Note D)000(764)
Income before income taxes and equity in earnings8,5098,1398,8197,351
Income tax provision (Note G)(2,089)(2,390)(2,609)(3,002)
Equity in earnings, net of taxes (Note B)1,1138362,4371,984
NET INCOME$ 7,533$ 6,585$ 8,647$ 6,333
BASIC INCOME PER COMMON SHARE (Note F)$ 0.62$ 0.55$ 0.72$ 0.53
DILUTED INCOME PER COMMON SHARE (Note F)$ 0.60$ 0.52$ 0.69$ 0.51
Cash dividends declared per common share$ 0.00$ 0.00$ 0.05$ 0.00