Net Sales (in millions)

Cash from Operations (in millions)

Operating Margin (as a percent)

EBITDA Margin (as a percent)

Reporting Year
IN THOUSANDS EXCEPT PER SHARE DATA 2016 2015 2014 2013 2012 2011
Statement of Operations
Net sales $196,934 $200,727 $227,673 $205,267 $204,367 $204,171
Gross profit 71,349 77,093 93,892 82,961 80,572 79,215
Operating income 34,459 46,891 64,071 56,171 54,409 55,269
Income before income taxes 34,901 49,230 65,742 57,172 55,853 57,586
Net income $23,304 $33,138 $43,775 $37,984 $37,398 $37,677
Basic net income per common share $0.87 $1.24 $1.65 $1.45 $1.44 $1.47
Diluted net income per common share $0.87 $1.24 $1.65 $1.45 $1.44 $1.47
Dividends per common share $0.40 $0.45 $1.45 $0.45 $1.48 $0.40
Other Financial Data
Depreciation and amortization $11,318 $9,557 $8,718 $7,227 $7,186 $6,721
Capital expenditures 6,187 6,106 10,667 17,935 13,359 10,143
Balance Sheet Data
Cash and cash equivalents $74,221 $81,932 $56,843 $54,912 $34,478 $42,834
Working capital 110,192 145,336 119,815 115,038 90,198 89,744
Total assets 444,777 241,540 222,764 213,478 175,121 167,528
Total debt 140,000 - - - - -
Shareholders’ equity 236,397 222,187 198,259 191,428 155,273 145,276
% of Sales
Gross profit 36.2% 38.4% 41.2% 40.4% 39.4% 38.8%
Operating income 17.5% 23.4% 28.1% 27.4% 26.6% 27.1%
Net Income 11.8% 16.5% 19.2% 18.5% 18.3% 18.5%