Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales revenue (net of the rebate portion of volume incentives of $10,695 and $11,356 for the three months ended and $22,286 and $22,938 for the six months ended June 30, 2012 and 2011, respectively) $ 92,991 $ 91,811 $ 185,859 $ 184,655
Cost and expenses:        
Cost of goods sold 17,086 17,129 35,446 35,681
Volume incentives 33,540 33,390 67,121 67,688
Selling, general and administrative 32,054 33,240 63,807 65,613
Total cost and expenses 82,680 83,759 166,374 168,982
Operating income 10,311 8,052 19,485 15,673
Other income (expense), net 165 (420) 55 (155)
Income before provision for income taxes 10,476 7,632 19,540 15,518
Provision for income taxes 3,190 2,018 5,026 3,282
Net income $ 7,286 $ 5,614 $ 14,514 $ 12,236
Basic:        
Net income per common share (in dollars per share) $ 0.47 $ 0.36 $ 0.93 $ 0.79
Diluted:        
Net income per common share (in dollars per share) $ 0.46 $ 0.36 $ 0.91 $ 0.78
Weighted average basic common shares outstanding (in shares) 15,605 15,536 15,591 15,535
Weighted average diluted common shares outstanding (in shares) 15,864 15,659 15,953 15,591
Dividends declared per common share (in dollars per shares) $ 0.05   $ 0.05