Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

 v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales revenue (net of the rebate portion of volume incentives of $11,356 and $10,976 for three months ended June 30, 2011 and 2010 and $22,938 and $22,216 for six months ended June 30, 2011 and 2010, respectively) $ 91,811 $ 87,143 $ 184,655 $ 173,933
Cost and expenses:        
Cost of goods sold 17,129 16,759 35,681 34,676
Volume incentives 33,390 32,546 67,688 65,097
Selling, general and administrative 33,240 34,565 65,613 70,317
Total cost and expenses 83,759 83,870 168,982 170,090
Operating income 8,052 3,273 15,673 3,843
Other income (expense), net (420) (902) (155) 1,999
Income before provision (benefit) for income taxes 7,632 2,371 15,518 5,842
Provision (benefit) for income taxes 2,018 965 3,282 (335)
Net income from continuing operations 5,614 1,406 12,236 6,177
Loss from discontinued operations   (352)   (970)
Net income $ 5,614 $ 1,054 $ 12,236 $ 5,207
Basic:        
Net income from continuing operations (in dollars per share) $ 0.36 $ 0.09 $ 0.79 $ 0.40
Loss from discontinued operations (in dollars per share)   $ (0.02)   $ (0.06)
Net income (in dollars per share) $ 0.36 $ 0.07 $ 0.79 $ 0.34
Diluted:        
Net income from continuing operations (in dollars per share) $ 0.36 $ 0.09 $ 0.78 $ 0.40
Loss from discontinued operations (in dollars per share)   $ (0.02)   $ (0.06)
Net income (in dollars per share) $ 0.36 $ 0.07 $ 0.78 $ 0.33
Weighted average basic common shares outstanding (in shares) 15,536 15,512 15,535 15,511
Weighted average diluted common shares outstanding (in shares) 15,659 15,602 15,591 15,597