v3.22.2.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 100,167 $ 86,182 $ 332,587 $ 239,047
Cost of sales 88,598 68,176 277,649 198,219
Gross profit 11,569 18,006 54,938 40,828
Selling, general and administrative 9,853 6,948 27,133 21,941
Acquisition costs and other 149 201 837 201
Proxy contest costs and recoveries 0 0 0 168
Earn-out adjustments 0 160 (7) 1,430
Asset impairments 0 0 0 233
Operating income 1,567 10,697 26,975 16,855
Other expense (income)        
Interest expense 827 329 1,637 1,068
Loss on extinguishment of debt 0 0 0 223
Change in fair value of interest rate swaps 0 0 0 (2)
Other, net (118) (10) (176) 152
Income before income taxes 858 10,378 25,514 15,414
Income tax provision 234 2,179 3,573 3,235
Net income $ 624 $ 8,199 $ 21,941 $ 12,179
Net income per common share:        
Basic (in dollars per share) $ 0.06 $ 0.88 $ 2.14 $ 1.32
Diluted (in dollars per share) $ 0.06 $ 0.87 $ 2.11 $ 1.30
Weighted average shares outstanding:        
Basic (in shares) 10,253 9,287 10,235 9,237
Dilutive effect from stock options and grants (in shares) 212 116 172 111
Diluted (in shares) 10,465 9,403 10,407 9,348

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