XML 19 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales $ 592,619 $ 587,670 $ 586,010
Cost of sales 375,719 373,284 373,129
Gross margin 216,900 214,386 212,881
Distribution expenses 57,006 54,815 54,202
Selling, general and administrative expenses 130,397 134,903 133,786
Intangible asset impairment (Note E)     3,384
Restructuring expenses 2,420 437 125
Income from operations 27,077 24,231 21,384
Interest expense (Note F) (4,803) (5,746) (6,418)
Financing expense   (154) (758)
Loss on early retirement of debt (Note F) (272)   (346)
Income before income taxes and equity in earnings 22,002 18,331 13,862
Income tax provision (Note J) (7,030) (6,627) (5,825)
Equity in earnings (losses), net of taxes (Note D) 748 574 (6,493)
NET INCOME $ 15,720 $ 12,278 $ 1,544
BASIC INCOME PER COMMON SHARE (NOTE I) $ 1.11 $ 0.89 $ 0.11
DILUTED INCOME PER COMMON SHARE (NOTE I) $ 1.08 $ 0.86 $ 0.11