Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Net sales $ 47,569 $ 36,075
Cost of products sold 36,592 29,331
Gross profit 10,977 6,744
Other expenses and income:    
Selling, general and administrative 7,019 5,485
Selling, general and administrative – amortization 274 274
Operating income 3,684 985
Other expense (income), net 93 (63)
Interest expense, net 185 157
Income before provision for income taxes 3,406 891
Provision for income taxes 766 215
Net income $ 2,640 $ 676
Basic:    
Net income $ 0.25 $ 0.06
Diluted:    
Net income $ 0.25 $ 0.06
Weighted average common shares outstanding:    
Basic 10,653 10,610
Diluted 10,719 10,630