v3.2.0.727
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 253,747 $ 307,088 $ 504,010 $ 584,286
Cost of goods sold 220,842 273,576 438,674 518,598
Gross profit 32,905 33,512 65,336 65,688
Selling, general, and administrative expenses 15,857 18,235 31,889 33,688
Operating income 17,048 15,277 33,447 32,000
Interest and other income (78) (85) (239) (165)
Interest expense 62 82 124 146
Income before income taxes 17,064 15,280 33,562 32,019
Provision for income taxes 5,711 5,126 11,421 11,012
Net income $ 11,353 $ 10,154 $ 22,141 $ 21,007
Net income per common and common equivalent share - basic (in usd per share) $ 0.55 $ 0.49 $ 1.07 $ 1.01
Weighted average common and common equivalent shares outstanding - basic (in shares) 20,737 20,715 20,731 20,709
Net income per common and common equivalent share - diluted (in usd per share) $ 0.54 $ 0.49 $ 1.06 $ 1.01
Weighted average common and common equivalent shares outstanding - diluted (in shares) 20,836 20,835 20,809 20,837
Cash dividends declared per share (in usd per share) $ 0.02 $ 0.02 $ 0.04 $ 0.04