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Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Net sales | $ 502,721 | $ 486,842 | $ 444,418
Cost of sales | 315,459 | 310,054 | 282,058
Gross margin | 187,262 | 176,788 | 162,360
Distribution expenses | 44,364 | 44,046 | 43,882
Selling, general and administrative expenses | 114,345 | 104,338 | 93,894
Restructuring expenses | 367 |  |
Intangible asset impairment (Note D) |  | 1,069 |
Income from operations | 28,186 | 27,335 | 24,584
Interest expense (Note E) | (4,847) | (5,898) | (7,758)
Loss on early retirement of debt (Note E) | (102) | (1,363) |
Income before income taxes and equity in earnings | 23,237 | 20,074 | 16,826
Income tax provision (Note I) | (9,175) | (5,208) | (6,122)
Equity in (losses) earnings, net of taxes (Note C) | (4,781) | 6,081 | 3,362
NET INCOME | $ 9,281 | $ 20,947 | $ 14,066
BASIC INCOME PER COMMON SHARE (NOTE H) | $ 0.73 | $ 1.67 | $ 1.16
DILUTED INCOME PER COMMON SHARE (NOTE H) | $ 0.71 | $ 1.64 | $ 1.12

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