v3.22.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Condensed Consolidated Statements of Operations and Comprehensive Income    
Net sales $ 102,601 $ 103,342
Cost of sales 81,537 77,090
Gross profit 21,064 26,252
Selling, general, and administrative expense 21,373 19,899
Intangibles amortization 2,630 2,705
Income (loss) from operations (2,939) 3,648
Interest expense, net (2,113) (2,975)
Other income (expense), net 127 (8)
Income (loss) before taxes (4,925) 665
Income tax benefit (1,017) (77)
Net income (loss) $ (3,908) $ 742
Weighted average number of common shares outstanding:    
Basic (in shares) 22,982,538 22,881,416
Diluted (in shares) 22,982,538 22,901,979
Earnings (loss) per common share:    
Basic (in dollars per share) $ (0.18) $ 0.03
Diluted (in dollars per share) (0.18) 0.03
Cash dividends declared per share (in dollars per share) 0.29 0.29
Cash dividends paid per share (in dollars per share) $ 0.29 $ 0.29
Comprehensive income $ 330 $ 1,248

Source